Market failure

Concept in public goods economics

Follow Market failure on Notably News to receive short updates to your email — rarely!

We include updates on Tragedy of the commons, Externality, Principal–agent problem, Monopsony, Moral hazard, Free-rider problem, Information asymmetry, Adverse selection, Coase theorem, Pigouvian tax, Natural monopoly, Path dependence, 2000–2001 California electricity crisis, Government-granted monopoly, Socialism for the rich and capitalism for the poor, Information good ... and more.