Market process theory illustrates how the market is the most effective institution for overcoming the knowledge problem. Specifically, the institutional characteristics of private property, monetary prices, and the disciplining mechanisms of profit and loss, guide actors to utilize knowledge dispersed among society, to allocate resources effectively, and to adjust their behavior when errors occur to provide valuable goods and services to society. The chapters in this manuscript explore, through applications to issues ...
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Market process theory illustrates how the market is the most effective institution for overcoming the knowledge problem. Specifically, the institutional characteristics of private property, monetary prices, and the disciplining mechanisms of profit and loss, guide actors to utilize knowledge dispersed among society, to allocate resources effectively, and to adjust their behavior when errors occur to provide valuable goods and services to society. The chapters in this manuscript explore, through applications to issues within the United States and internationally, contemporary issues in public policy through the theoretical framework of knowledge problems and market process economics. Utilizing this approach, as well as other fundamental insights from economics, these chapters aim to illustrate how individuals in society address pressing public issues, the problems faced by policymakers, and the potential for novel solutions to policy challenges. Authored by individuals from a variety of disciplines with interests in public policy, this work includes discussions of education, child welfare, urban planning, and U.S. healthcare policy, as well as topics in e-commerce, the Global War on Terror, international trade, and economic development.
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Add this copy of Informing Public Policy: Analyzing Contemporary US and to cart. $45.70, like new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2021 by Globe Pequot Publishing Group Inc/Bloomsbury.
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2021
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Add this copy of Informing Public Policy: Analyzing Contemporary US and to cart. $59.63, new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2021 by Globe Pequot Publishing Group Inc/Bloomsbury.
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2021, Globe Pequot Publishing Group Inc/Bloomsbury
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2021
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English
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New. Trade paperback (US). Glued binding. 242 p. Contains: Tables, Charts. Economy, Polity, and Society. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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2021, Globe Pequot Publishing Group Inc/Bloomsbury
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2021
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Add this copy of Informing Public Policy: Analyzing Contemporary US and to cart. $46.75, like new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 2021 by Globe Pequot Publishing Group Inc/Bloomsbury.
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2021, Globe Pequot Publishing Group Inc/Bloomsbury
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Globe Pequot Publishing Group Inc/Bloomsbury
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2021
Language:
English
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17949343945
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Fine. Trade paperback (US). Glued binding. 242 p. Contains: Tables, Charts. Economy, Polity, and Society. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
