Regulacion y fallas
Government plays a necessary role in keeping markets working efficiently and fairly. Market failures –situations in which the invisible hand does not make everyone better off– are among the oldest and most universally accepted justifications for regulation. However, incidents of market failure are more pervasive than recognized and underappreciated. Well-designed regulatory interventions can often correct these market failures.
Volume (Year): 12 (2010)
Issue (Month): 23 (July-December)
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References listed on IDEAS
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- Stiglitz, Joseph E, 1985. "Credit Markets and the Control of Capital," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 17(2), pages 133-52, May.
- Bruce C. Greenwald & Joseph E. Stiglitz, 1986. "Externalities in Economies with Imperfect Information and Incomplete Markets," The Quarterly Journal of Economics, Oxford University Press, vol. 101(2), pages 229-264.
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