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Book synopsis

The real world is characterized by the presence of imperfections in goods, financial and labour markets. These imperfections have the potential to create links among those markets that differ in a relevant way from those outlined in the standard model. In financial markets, imperfections can alter the efficiency of the economy and thus cause unintended effects on goods and labour markets. Moreover, in the presence of market distortions, the interaction between policies and institutions becomes a critical aspect. This book, which brings together essays from distinguished scholars on this subject, provides new insights on how these imperfections affect the outcomes of real-world markets.

Book details

Book category Books in English Economics, finance, business & management Economics Political economy

• Full title: Economics of Imperfect Markets
• Subtitle: The Effects of Market Imperfections on Economic Decision-Making
• Author: Giorgio Calcagnini, Enrico Saltari
• Language: English
• Binding: Hardback
• Number of pages: 234
• EAN: 9783790821307
• ISBN: 3790821306
• ID: 01738081
• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Weight: 506 g
• Dimensions: 238 × 167 × 11 mm
• Date of publishing: 09. November 2009

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