product
4372686Market Failurehttps://www.gandhi.com.mx/market-failure-6610000514304/phttps://gandhi.vtexassets.com/arquivos/ids/4273708/image.jpg?v=6388704337109300007979MXNOne Billion KnowledgeableInStock/Ebooks/<p><strong>What is Market Failure</strong></p><p>The term "market failure" comes from the field of neoclassical economics and refers to a scenario in which the distribution of commodities and services by a free market is not Pareto optimal. This circumstance frequently results in a loss of significant economic value. Failures in the market can be understood as situations in which people pursuit of their own self-interest leads to outcomes that are not efficient, outcomes that, from the perspective of society, have room for improvement. The concept can be traced back to the Victorian philosopher Henry Sidgwick, who is credited with being the first person to use the term in the field of economics around the year 1958.A number of factors, including public goods, time-inconsistent preferences, information asymmetries, non-competitive markets, principal-agent difficulties, and externalities, are frequently linked to market failures.</p><p><strong>How you will benefit</strong></p><p>(I) Insights, and validations about the following topics:</p><p>Chapter 1: Market failure</p><p>Chapter 2: Economics</p><p>Chapter 3: Microeconomics</p><p>Chapter 4: Ronald Coase</p><p>Chapter 5: Pareto efficiency</p><p>Chapter 6: Environmental economics</p><p>Chapter 7: Free-rider problem</p><p>Chapter 8: Externality</p><p>Chapter 9: Participatory economics</p><p>Chapter 10: Index of economics articles</p><p>Chapter 11: X-inefficiency</p><p>Chapter 12: Coase theorem</p><p>Chapter 13: Pigouvian tax</p><p>Chapter 14: Social cost</p><p>Chapter 15: Welfare economics</p><p>Chapter 16: Allocative efficiency</p><p>Chapter 17: Robin Hahnel</p><p>Chapter 18: Government failure</p><p>Chapter 19: Market (economics)</p><p>Chapter 20: Property rights (economics)</p><p>Chapter 21: Public economics</p><p>(II) Answering the public top questions about market failure.</p><p>(III) Real world examples for the usage of market failure in many fields.</p><p><strong>Who this book is for</strong></p><p>Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market Failure.</p>...4298015Market Failure7979https://www.gandhi.com.mx/market-failure-6610000514304/phttps://gandhi.vtexassets.com/arquivos/ids/4273708/image.jpg?v=638870433710930000InStockMXN99999DIEbook20246610000514304_W3siaWQiOiI5MmQ3NGM1Yi1iNGY5LTRmYzYtODhmMy0xYzVjZDU2ZWY4ZDgiLCJsaXN0UHJpY2UiOjg1LCJkaXNjb3VudCI6MCwic2VsbGluZ1ByaWNlIjo4NSwiaW5jbHVkZXNUYXgiOnRydWUsInByaWNlVHlwZSI6IklwcCIsImN1cnJlbmN5IjoiTVhOIiwiZnJvbSI6IjIwMjQtMDUtMjJUMTA6MDA6MDBaIiwicmVnaW9uIjoiTVgiLCJpc1ByZW9yZGVyIjpmYWxzZX1d6610000514304_<p><strong>What is Market Failure</strong></p><p>The term "market failure" comes from the field of neoclassical economics and refers to a scenario in which the distribution of commodities and services by a free market is not Pareto optimal. This circumstance frequently results in a loss of significant economic value. Failures in the market can be understood as situations in which people pursuit of their own self-interest leads to outcomes that are not efficient, outcomes that, from the perspective of society, have room for improvement. The concept can be traced back to the Victorian philosopher Henry Sidgwick, who is credited with being the first person to use the term in the field of economics around the year 1958.A number of factors, including public goods, time-inconsistent preferences, information asymmetries, non-competitive markets, principal-agent difficulties, and externalities, are frequently linked to market failures.</p><p><strong>How you will benefit</strong></p><p>(I) Insights, and validations about the following topics:</p><p>Chapter 1: Market failure</p><p>Chapter 2: Economics</p><p>Chapter 3: Microeconomics</p><p>Chapter 4: Ronald Coase</p><p>Chapter 5: Pareto efficiency</p><p>Chapter 6: Environmental economics</p><p>Chapter 7: Free-rider problem</p><p>Chapter 8: Externality</p><p>Chapter 9: Participatory economics</p><p>Chapter 10: Index of economics articles</p><p>Chapter 11: X-inefficiency</p><p>Chapter 12: Coase theorem</p><p>Chapter 13: Pigouvian tax</p><p>Chapter 14: Social cost</p><p>Chapter 15: Welfare economics</p><p>Chapter 16: Allocative efficiency</p><p>Chapter 17: Robin Hahnel</p><p>Chapter 18: Government failure</p><p>Chapter 19: Market (economics)</p><p>Chapter 20: Property rights (economics)</p><p>Chapter 21: Public economics</p><p>(II) Answering the public top questions about market failure.</p><p>(III) Real world examples for the usage of market failure in many fields.</p><p><strong>Who this book is for</strong></p><p>Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market Failure.</p>...6610000514304_One Billion Knowledgeablelibro_electonico_6610000514304_6610000514304Fouad SabryInglésMéxicohttps://getbook.kobo.com/koboid-prod-public/content2connect_drm-epub-3dca2ae4-044f-4441-bac8-8cb0698ab930.epub2024-01-22T00:00:00+00:00One Billion Knowledgeable