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Markets or Governments

- Choosing between Imperfect Alternatives

part of the The MIT Press series

About Markets or Governments

Provides a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarket institutions as foundations, universities, and government.

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  • Language:
  • English
  • ISBN:
  • 9780262731041
  • Binding:
  • Paperback
  • Pages:
  • 256
  • Published:
  • September 1, 1993
  • Edition:
  • Dimensions:
  • 135x201x18 mm.
  • Weight:
  • 340 g.
Delivery: 1-2 weeks
Expected delivery: May 10, 2025

Description of Markets or Governments

Provides a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarket institutions as foundations, universities, and government.

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