财政学课件财政决策机制和政府失灵.pptVIP

Summary Market failure the inadequate expression of costs or benefits in prices and thus into microeconomic decision-making in markets . The word failure here is generally not intended to mean an economic collapse, or a breakdown in market relations. Market failure is a claim that the market process is failing to result in maximum efficiency. A market might be efficient, but some in society might think things were better with more stability, or more growth, or more equity. SummaryII Types of market failure Market power Monopoly ,Monopsony* ,Oligopoly ,Cartel ,Oligopsony ,Monopolistic compe