Showing 11 - 20 of 1,179,582
Persistent link: https://www.econbiz.de/10001898700
Persistent link: https://www.econbiz.de/10001919756
Persistent link: https://www.econbiz.de/10003592389
Recommended readings (Machine generated): Paul A. Samuelson (1954), 'The Pure Theory of Public Expenditure', Review of … Lancaster (1997), 'The General Theory of Second Best', in Richard G. Lipsey (ed) (ed.), Microeconomics, Growth and Political … and Andrew B. Whinston (1965), 'Welfare Economics and the Theory of Second Best', Review of Economic Studies, 32 …
Persistent link: https://www.econbiz.de/10012242637
We propose a formal re-definition of the concept market failure based on the idea of the imperfect state. In the Neo-classical taxonomy, a decentralized regime of exchange is a market failure if its laissez faire equilibrium solution is welfare-dominated by a technically feasible alternative. If...
Persistent link: https://www.econbiz.de/10010530527
Persistent link: https://www.econbiz.de/10011715839
Persistent link: https://www.econbiz.de/10015048137
Persistent link: https://www.econbiz.de/10003419383
theory, and construct the technical concept of "resources" accordingly, we may well realize that the gap between "equality of …
Persistent link: https://www.econbiz.de/10014052386
Persistent link: https://www.econbiz.de/10011338425