1.

Record Nr.

UNINA9910457921903321

Autore

Winston Clifford <1952->

Titolo

Government failure versus market failure [[electronic resource] ] : microeconomics policy research and government performance / / Clifford Winston

Pubbl/distr/stampa

Washington, D.C., : AEI-Brookings Joint Center for Regulatory Studies, c2006

ISBN

0-8157-9391-X

Descrizione fisica

1 online resource (145 p.)

Disciplina

338.5

Soggetti

Industrial policy

Microeconomics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 109-124) and index.

Nota di contenuto

Introduction -- Methodological perspective -- Market power: antitrust policy and economic regulation -- Social regulation: imperfect information and externalities -- Public production -- Policies to correct market failures: synthesis and assessment -- Market failure and social goals policies: common failures and conflicts -- Policy recommendations motivated by policymakers' learning -- Microeconomics policy research and the policy community.

Sommario/riassunto

When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical assessment of government economic intervention in Government Failure vs.