Harleyobsitnik
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Market Failure & Information Economics
Market Failure. Information Economics. Market vs. Government Failure. Pareto Optimality. Kalder-Hicks Optimality. Institutional Failure. Tiebout Competition. Privatization of Public Goods. Agency Theory (Principal-Agent Issues). Adverse Selection. Moral Hazard. Transaction Costs Economics. Provision and Production.
- Book & Paket-Deal
- Class notes
- • 2 pages •
Market Failure. Information Economics. Market vs. Government Failure. Pareto Optimality. Kalder-Hicks Optimality. Institutional Failure. Tiebout Competition. Privatization of Public Goods. Agency Theory (Principal-Agent Issues). Adverse Selection. Moral Hazard. Transaction Costs Economics. Provision and Production.
Fundamental Principles of Public Finance
Fiscal Administration. Public vs. Business Finance. Fiscal Sustainability. Golden Rule of Finance. Balancing Spending and Revenue. Dillon's Rule. Market Structure. Role of Regulation. Role of Intermediates. Voluntary Exchange. Market Efficiency. Laws of Price Formation. Market Failure. Incomplete Markets and Imperfect Information. Economic Stabilization. Redistribution. Privatization.
- Book & Paket-Deal
- Class notes
- • 4 pages •
Fiscal Administration. Public vs. Business Finance. Fiscal Sustainability. Golden Rule of Finance. Balancing Spending and Revenue. Dillon's Rule. Market Structure. Role of Regulation. Role of Intermediates. Voluntary Exchange. Market Efficiency. Laws of Price Formation. Market Failure. Incomplete Markets and Imperfect Information. Economic Stabilization. Redistribution. Privatization.