Market Failure or Success: The New Debate by Tyler Cowen

Market Failure or Success: The New Debate

Tyler Cowen

367 pages first pub 2003 (editions)

challenging informative medium-paced
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Recent years have seen the development of new theories of market failure based on asymmetric information and network effects. According to the new paradigm, we can expect substantial failure in the markets for labor, credit, insurance, software, n...

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