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The Economics of Imperfect Markets: The Effects of Market Imperfections on Economic Decision-Making - Couverture souple

Livre 85 sur 214: Contributions to Economics
 
9783790828085: The Economics of Imperfect Markets: The Effects of Market Imperfections on Economic Decision-Making

Synopsis

The real world is characterized by the presence of imperfections in goods, financial and labour markets. These imperfections have the potential to create links among those markets that differ in a relevant way from those outlined in the standard model. In financial markets, imperfections can alter the efficiency of the economy and thus cause unintended effects on goods and labour markets. Moreover, in the presence of market distortions, the interaction between policies and institutions becomes a critical aspect. This book, which brings together essays from distinguished scholars on this subject, provides new insights on how these imperfections affect the outcomes of real-world markets.

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Présentation de l'éditeur

The real world is characterized by the presence of imperfections in goods, financial and labour markets. These imperfections have the potential to create links among those markets that differ in a relevant way from those outlined in the standard model. In financial markets, imperfections can alter the efficiency of the economy and thus cause unintended effects on goods and labour markets. Moreover, in the presence of market distortions, the interaction between policies and institutions becomes a critical aspect. This book, which brings together essays from distinguished scholars on this subject, provides new insights on how these imperfections affect the outcomes of real-world markets.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.