market failure

Welcome to the 'market failure' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'market failure'.

Latest blogosphere posts tagged “market failure”

• Stiglitz: Too Big to Live

  
  Economist's View — Authority: 682
  When Ben Bernanke was asked about the "too big to fail" problem not too long ago, the WSJ Economics blog reports : Federal Reserve Chairman Ben Bernanke voiced skepticism that breaking-up big banks is the way to solve the so-called too big to fail problem... Asked for his thoughts on Bank of England Gov. Mervyn ...
  1 day ago

• Did Bank Executives Lose Enough to Learn their Lesson?

  
  Economist's View — Authority: 682
  Will the losses that financial executives suffered as a result of the crisis provide the discipline necessary to prevent excessive risk taking in the future? Not according to this analysis: Bankers had cashed in before the music stopped, by Lucian Bebchuk, Alma Cohen, and Holger Spamann, Commentary, Financial Times ...
  1 day ago

• Google Wave: Regulating Industries in the UK

  
  Economics — Authority: 142
  The weekend wave focused on the regulatory agencies in markets and industries, the tools they have to influence prices, incentives, output and profits in different industries and some of the justifications for regulatory intervention and the downsides. We also created a cluster of good examples of competition policy ...
  2 days ago

• Tories plan break up of energy oligopoly

  
  Economics — Authority: 142
  We have been studying oligopoly in our A2 micro and the issue of electricity and gas prices has been headline news for some time. Last week the Conservatives announced plans to break up the highly concentrated domestic energy supply market and inject fresh competition. This is reported here in the Guardian . There is ...
  4 days ago

• Struggling media will need government help: US congressman

  
  Stupidica — Authority: 177
  The newspaper industry is suffering "market failure" and the government will need to help preserve serious journalism essential to democracy, an influential US congressman said Wednesday. "The newspapers my generation has taken for granted are facing a structural threat to the business model that has sustained them," ...
  5 days ago

• Internalise that externality

  
  Economics — Authority: 142
  Another Pigouvian tax introduced - this time for cigarette litter .
  6 days ago

• How to make a profit from a free good

  
  Economics — Authority: 142
  If a free good is defined as one which is not scarce and no cost is involved when consuming it, then a Welsh mountain stream must surely fit the bill, particularly after the rain over the last week or two (although I guess that its scarcity will be seasonal). This video report shows how that free resource can be ...
  6 days ago

• Price comparison sites…

  
  Economics — Authority: 142
  An interesting discussion out of a random statement at the dinner table last night… There’s a firm called BetGenius which provides real-time odds comparison services. Lots of discussion ensued on the effect of perfect information vs imperfect information . Given the surge in price comparison websites in recent ...
  1 week ago

• NHS: Govt failure?

  
  Economics — Authority: 142
  The NHS is back at the centre of hot debate again this weekend, as the Dr Foster report findings generate differences of opinions. The report finds that 12 NHS hospital trusts in England are “significantly underperforming”, but some have called the conclusions misleading . From an economic perspective, there ...
  1 week ago

• Google Wave: Benefits and Costs of Monopoly

  
  Economics — Authority: 142
  The number of Google Wavers among the Economics teaching community continues to grow. Last night we generated ideas and resources useful in evaluating the impact of monopoly power in markets - the results are shown below Are monopolies a force for good or evil? Discuss. Different definitions of monopoly power 1/ ...
  1 week ago

• The Tradegy of the Commons

  
  Simon Whatley — Authority: 110
  The tragedy of the commons refers to a dilemma described in an influential article by that name written by Garrett Hardin and first published in the journal Science in 1968. The article describes a situation in which multiple individuals, acting independently, and solely and rationally consulting their own ...
  2 weeks ago

• Consumption externalities in Singapore

  
  Economics — Authority: 142
  The excellent Jason Welker has a superb post on aspects of consumption externalities in Singapore . 
  3 weeks ago

• Gold price brings prospectors to the Highlands

  
  Economics — Authority: 142
  The high price of gold, reported by Geoff yesterday, is giving a clear signal to a mining company in the Highlands of Scotland that it should start production from a gold mine that was first drilled 20 years ago, but has never been commercially worked because the price of gold did not provide enough incentive to the ...
  3 weeks ago

• The Sorry State of Modern Economics

  
  Jutia Group — Authority: 573
  Since last year’s collapse of the banking system, hundreds of billions of dollars have been spent to bail out some of the major players. Additionally,…
  3 weeks ago

• "Powerful Interests are Trying to Control the Market"

  
  Economist's View — Authority: 682
  For the first few years I was doing this, Id often complain that government regulators werent doing enough to intervene in cases where firms had substantial market power. But this was mainly an economic worry about how market power leads to the inefficient utilization of resources. Over time, however, Ive started to ...
  3 weeks ago

• David Blanchflower on Unemployment Policies

  
  Economics — Authority: 142
  David Blanchflower writes in the new Autumn edition of the RSA’s Journal about the help needed to avert an unemployment time bomb especially for younger workers. This piece builds on his recent talk at the RSA. It is a superb article and has some powerful sections on the economic and social consequences of high ...
  4 weeks ago

• Wal-Mart versus Amazon?

  
  Economist's View — Authority: 682
  James Surowiecki looks at the latest price war: Priced to Go, by James Surowiecki : In the spring of 1992, the airline industry ... found itself in the middle of a full-fledged price war. In a matter of months, the airlines collectively lost four billion dollars. ...[A]t bottom it was just like other price wars: all ...
  4 weeks ago

• Article Title Unknown

  
  Economist's View — Authority: 682
  One more time, is CEO pay justified?: Banker Bonus Rain, by Nancy Folbre, Economix : ...Wall Street firms have always been famous for their generous bonuses to managers and traders — their so-called “rainmakers.” The graph ... shows that employee bonuses have actually exceeded the estimated pre-tax profits ...
  4 weeks ago

• Government Failure Versus Market Failure

  
  Incentives Matter — Authority: 130
  In this blog I like to point out how frequent and prevalent is the phenomenon of government failure . Under a public choice perspective, the problem is that, in the public sector, there are strong incentives to use market failure as an excuse for the adoption of awkward or interested public policies, while ...
  4 weeks ago

• The Myth of ‘Market Failure’ in Health Care

  
  Cato @ Liberty — Authority: 741
  One argument in favor of a government overhaul of the health care system is that the free market had its chance, and failed when it comes to providing the best possible care.  But as David Goldhill discovered while researching for the September cover article in The Atlantic , the United States has anything but a ...
  5 weeks ago

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