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Discontinuous Institutional Alternatives in the Context of Economy Deregulation

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  • A. Shastitko

Abstract

Various ways of state participation in the mechanisms of transaction management are considered in the article. Differences between compensation and elimination of the market failures are identified. Opportunities and risks of non-regulatory alternatives usage as a mean of market failure compensation are described. Based on classification of goods correlated to relative cost of their useful characteristics evaluation (search, experience, merit) questions of institutional alternatives in three areas (political, financial and commodity) are examined.

Suggested Citation

  • A. Shastitko, 2004. "Discontinuous Institutional Alternatives in the Context of Economy Deregulation," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 12.
    • Handle: RePEc:nos:voprec:y:2004:id:1978
    DOI: 10.32609/0042-8736-2004-12-94-110
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