Government failure versus market failure : microeconomics policy research and government performance / Clifford Winston.

Format:

Book

Author/Creator:

Winston, Clifford, 1952-

Language:

English

Subjects (All):

Industrial policy.

Microeconomics.

Physical Description:

1 online resource (145 p.)

Edition:

1st ed.

Place of Publication:

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

Language Note:

English

Summary:

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.

Contents:

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.

Notes:

Description based upon print version of record.

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

ISBN:

9780815793915

081579391X

OCLC:

476021207

Publisher Number:

9780815793908

9780815793892