Information, Strategy and Public Policy (Innbundet)

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Innbinding: Innbundet
Utgivelsesår: 1991
Antall sider: 224
Forlag: John Wiley and Sons Ltd
Språk: Engelsk
ISBN/EAN: 9780631176930
Omtale Information, Strategy and Public Policy
In this volume, economists address the matter of the role of policy in a market economy. They ask whether the "invisible hand" mechanism is able to allocate resources to meet the needs of society. They draw on recent work on imperfect information and strategic behaviour, and argue that the models of classical welfare economics are inadequate for understanding modern market economics. The first two chapters attack these standard theories directly, while the following contributions focus on specific examples and areas.

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