The Economics of Imperfect Markets: The Effects of Market Imperfections on Economic Decision-Making
- ISBN-10
- 3790821314
- ISBN-13
- 9783790821314
- Category
- Business & Economics
- Pages
- 234
- Language
- English
- Published
- 2009-10-22
- Publisher
- Springer Science & Business Media
- Authors
- Giorgio Calcagnini, Enrico Saltari
Description
This book is a collection of eleven papers concerned with the effects of market imperfections on the decision-making of economic agents and on economic policies that try to correct the inefficient market outcomes due to those imperfections. As a consequence, real and financial imperfections are related : economic decisions are simultaneously affected by imperfections present both in real and financial markets. Notwithstanding the obvious fact that market interdependence is not novel, scholar interests are typically concentrated on the specific relationship among economic decisions originating from particular imperfections. This explains why, in the case of perfect financial markets, we can speak of "the" us.
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