Market Failure - Economics

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Understanding Market Failure

Why and How Governments Intervene in Markets

The Effects of Government Intervention

Understanding Market Failure

MICRO – MARKET FAILURE

When do markets work?

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Public Goods

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

The Tragedy of the Commons

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Externalities

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Imperfect Competition

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Adverse Selection

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Moral Hazard

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Merit and Demerit Goods

Dr Maria Cubel, Bath University

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Market Failure and the Efficiency Case for State Intervention

Dr Toke Aidt, University of Cambridge

Why and How Governments Intervene in Markets

MICRO – MARKET FAILURE

When do markets work?

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Public Goods

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

The Tragedy of the Commons

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Externalities

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Imperfect Competition

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Adverse Selection

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Moral Hazard

Dr Maria Cubel, Bath University

MICRO – MARKET FAILURE

Merit and Demerit Goods

Dr Maria Cubel, Bath University

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Market Failure and the Efficiency Case for State Intervention

Dr Toke Aidt, University of Cambridge

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Other Reasons for State Intervention

Dr Toke Aidt, University of Cambridge

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Taxation

Dr Toke Aidt, University of Cambridge

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Regulation of Externalities: Pollution Control

Dr Toke Aidt, University of Cambridge

MICRO – POVERTY AND INEQUALITY

The Distribution of Income and Wealth, and the Factors That Lie Behind Them

Dr Paul Segal, King's College London

MICRO – POVERTY AND INEQUALITY

The Lorenz Curve and Gini Coefficient

Dr Paul Segal, King's College London

MICRO – POVERTY AND INEQUALITY

Why Should We Study Inequality?

Dr Paul Segal, King's College London

MICRO – POVERTY AND INEQUALITY

The Difference Between Relative and Absolute Poverty

Dr Paul Segal, King's College London

MICRO – POVERTY AND INEQUALITY

The Causes and Effects of Poverty

Dr Paul Segal, King's College London

MICRO – POVERTY AND INEQUALITY

Government Policies to Alleviate Poverty

Dr Paul Segal, King's College London

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition Policy

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition Policy in Practice

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Natural Monopolies, Public Ownership and Regulation

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Deregulation

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition in the Market vs. Competition for the Market

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Has Deregulation Gone Too Far?

Prof. Michael Waterson, Warwick University

The Effects of Government Intervention

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Taxation

Dr Toke Aidt, University of Cambridge

MICRO - GOVERNMENT INTERVENTION IN MARKETS

The Deadweight Cost of Taxation and the Equity-Efficiency Trade Off

Dr Toke Aidt, University of Cambridge

MICRO - GOVERNMENT INTERVENTION IN MARKETS

Regulation of Externalities: Pollution Control

Dr Toke Aidt, University of Cambridge

MICRO – POVERTY AND INEQUALITY

Government Policies to Alleviate Poverty

Dr Paul Segal, King's College London

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition Policy

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition Policy in Practice

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Natural Monopolies, Public Ownership and Regulation

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Deregulation

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Competition in the Market vs. Competition for the Market

Prof. Michael Waterson, Warwick University

MICRO – COMPETITION POLICY, PUBLIC OWNERSHIP AND REGULATION

Has Deregulation Gone Too Far?

Prof. Michael Waterson, Warwick University

Contents

Understanding Market Failure

Why and How Governments Intervene in Markets

The Effects of Government Intervention