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.
Read More
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.
Read Less
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. Clean from markings. In good all round condition. Dust jacket in fair condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 500grams, ISBN: 9780631176930.
