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- Market Failure - teaching materials, exercises etc.
- Market Failures
- Robert H. Frank: A response to "The New Politics of Consumption" by Juliet Schor
- Market Failures
- By Robert Francis
- Dasgupta: Markets and their Failure (a)
- Ch. 4 of Dasgupta: The Economics of the Environment (Keynes Lecture), Proceedings of the British Academy, Volume 90, pp. 165-221
- FREE MARKET FAILURES
- a list of market failure cases
- Market Failure: What Does It All Mean? Part I
- By Jason Clemens and Marc Law, The Fraser Institute (Economic Freedom network)
- Market Failure: What Does It All Mean? Part II: Externalities
- By Jason Clemens and Marc Law, The Fraser Institute (Economic Freedom network)
- Market Failure (@ ThisNation.com)
- Libertarian Bibliography - Market Failure (Externalities, Public goods, and Transactions costs)
- Public Goods - bibliography
- Guide to Classical Liberal Scholarship
Natural monopoly
- Regulation of Natural Monopoly
- Ben W.F. Depoorter, Encyclopedia of Law and Economics, B. Bouckaert and G. De Geest (eds.), Cheltenham, Edward Elgar, 1999.
- Natural Monopoly lecture notes
Externalities
- Pollution: Market Failure or Government Failure? Free markets are the answer
- The New Australian
- THE PROBLEM OF EXTERNALITIES
- lecture notes, by John S. Cook
- externalities and policy implications
- downloads a powerpoint slide presentation
- network externalities
- ARE NETWORK EXTERNALITIES A NEW SOURCE OF MARKET FAILURE? BY S. J. Liebowitz and Stephen E. Margolis
- Environmental Economics
- with useful list of links
- Choices and Pareto Optimality
- handout, discussing Fundamental Theorem of Welfare Economics, the Second Welfare Theorem, the Hicks-Kaldor Criteria for welfare improvement and Lindahl Pricing.
- Necessary and Sufficient Conditions for Pareto Efficiency of Equilibrium in Non-Convex Economies.
- by Chichilniski, G. and Heal, G.
- Efficiency of Market Allocation
- a syllabus
- Going Back to the Basics - Rethinking Market Efficiency
- Richard B. Olsen, Michel M. Dacorogna, Ulrich A. Müller, and Olivier V. Pictet
- Frank H. Hahn (cepa)
General pages
- The Paretian System: IV - Social Welfare (cepa)
- Neo-Paretian welfare economics: misconceptions and abuse
- by Niek Koning and Roel Jongeneel. Wageningen economic papers, 30 Jan. 1997
- Welfare Economics: For Light Or For Fruit?
- A simple introduction to welfare economics, by Justin Morton , Junior Sophister
- Neo-Paretian welfare economics and neoclassical micro-economics
- Wageningen Economic Papers, January 1997
- Bibliography on efficiency and welfare economics
- Efficient at What? by Mark MacCallum, September 1997, Strategic Responses to Crime Group, Ministry of Justice, Po Box 180, Wellington. Working paper
- Welfare Economics - portraits of Pigou, Pareto, Arrow and others
Pigou
- Arthur Cecil PIGOU @ cepa
- Pigou, A. C @ Akamak
- Arthur Cecil Pigou Princeton Economic Institute History of Economic Throught
- Arthur Pigou
- by the The Knitting Circle (Lesbian and Gay Staff Associationat South Bank University). Biography, bibliography, and references to secondary literature.
- Pigou - portrait
- Pigou - portrait
- Pigou: Review of the Fifth Edition of Mashall's Principles of Economics
- How is it possible for Pigou to have influenced and contributed to the construction of New Keynesian Economics? This scholar who contributed significantly to the developments of economics in the period surrounding the turn of the century, in his reign as
- By James Arnold. Economic Research and analysis resources for students and researchers
- How was Pigou portrayed in the General Theory and later macroeconomic texts?
- By Thomas Dickson. Economic Research and Analysis resources
- Keynes's Appendix to Chapter 19: A Reader's Guide
- by Allin Cottrell, in History of Political Economy (to be downloaded). Abstract: The paper deals with Keynes's critique of Pigou, and takes issue with Nahid Aslanbeigui's recent attempt to "rehabilitate" the latter.
- Psychology and economic fluctuations: Pigou, Mill and Keynes
- by Melberg, Hans O. (1998)
Kaldor
- Nicholas Kaldor (@ cepa)
- Neoclassical and Kaldor Models of Economic Growth
- a syllabus
- Kaldor's Non-Linear Cycle @ cepa
- Kaldor Papers: Contents
- King's College, Cambridge, Modern Archives Centre
General pages
- Ronald H. Coase @ cepa
- The World According to Coase
- "The World According to Coase," The Law School Record, University of Chicago Law School, by David D. Friedman
- George Stigler on Coase
- From Memoirs of an Unregulated Economist, by George J. Stigler
- Interview with Coase
- Reason magazine -- January1997
- Press Release - Coase's Nobel prize, 1991
- by THE ROYAL SWEDISH ACADEMY OF SCIENCES
Bio-biblio & resources
- Autobiography of Ronald Coase
- Nobel
- Coase - portrait
- Ronald Coase - resources
- "A listing of the best and most comprehensive online resources pertaining to Ronald Coase" - ideachannel
Coase theorem
- RONALD COASE AND THE COASE THEOREM
- The Long FAQ on Liberalism (part of Liberalism Resurgent, by Steve Kangas)
- Is the Coase Theorem contradicting the explanation of the firm?
- by Martin Berka
- The Coase "Theorem"
- 1995, William A. Edmundson
- The Coase Theorem
- by Brendan Fitzpatrick
- The Coase Theorem
- Steven G. Medema and Richard O. Zerbe, Jr. Keywords: Efficiency, Externalities, Invariance, Property Rights. Rich bibliography
- Le théorème de Coase et ses imp
- Bibliography: The Coase Theorem
- Encyclopedia of Law and Economics
- Generalised Coase Theorem (by Bertin Martens)
- TOWARDS A GENERALISED COASE THEOREM. A general theory of bounded rationality, rule-following behaviour and the emergence of social and institutional structures as a substitute for market transactions, by Bertin Martens
Transaction costs
- Incomplete Contracts, Transaction Cost Theory and Its Empirical Evidence
- Tetsuo Wada(Senior Researcher), First Department of Management and Economic Research. Article in IPTP monthly report, n. 103
- Empirical Research in Transaction Cost Economics: A Review and Assessment
- Howard A. Shelanski and Peter G. Klein. Journal of Law, Economics & Organization 11, no. 2 (October 1995): 335--61
- Transaction cost economics
- Encyclopedia of Corporate Governance
- Transaction Costs, Property Rights and Models of Capitalism
- Syllabus, by Ugo Pagano. With essential bibliography
- Annotated Bibliography on Transaction Cost Economics
- Compiled by Harvey S. James, Jr., Ph.D., University of Hartford
- bibliography on Transaction costs
- Encyclopedia of Law and Economics
- Public Goods & Club Goods
- by Patrick McNutt. Keywords: Free Rider, Pareto Optimality, Club Goods, Excludability & Non-rivalry, Coase Theorem, Homogeneity
General pages
- Hayek @ Mises.org
- FRIEDRICH AUGUST VON HAYEK @ cepa
- Hayek (Encyclopedia of Philosophy of Education)
- ref. to Mont Pelerin society
- HAYEK: Social Theorist of the Century
- HAYEK: Social Theorist of the Century, by Robert L. Formaini (Economic Insights, Vol. 4 No. 1)
Bio-bibliography
- Friedrich A. Hayek (1899-1992)
- by Peter Boettke, from: The Freeman, 1992
- Rothbard's obituary of Hayek
- Friedrich August von Hayek: 1899-1992, By Murray N. Rothbard
- Hayek - biography
- Up From Serfdom: Freidrich A. Hayek and the Defence of Liberty. A Short Intellectual Biography by Professor Richard Ebeling
- Bibliography of Writings on Hayek's Prices and Production
- further links available
Resources
- The Friedrich Hayek Scholars' Page
- by Greg Ransom. Includes Bibliographies of Writings on Hayek, bibliography of Hayek's writings, links to Hayek's writings, biographies etc. A must.
- Articles discussing Friedrich Hayek and his work available on the Internet
- Papers, Research, and Reviews concerning Friedrich Hayek & His Work Available on the Internet or the World Wide Web by Greg Ransom -- Dept. of Philosophy, UC-Riverside
- Chris Sciabarra's Austian Economics page (critical of some internal strands in Austrian
- economics/philosophy).
- Hayek papers @ stanford
On Hayek and his writings
- Friedrich A. Hayek
- By Kelley L. Ross, Ph.D
- VON HAYEK DES POSTULATS LARGEM
- Book Review: Hayek's Political Economy: The Socio-economics of Order (Steve Fleetwood)
- by Steve Fleetwood
- Hayek's Early Cycle Theory Re-examined , by Allin Cottrell
- Hayek and the Limits of Human Reason:
- by Dr. Samuel Gregg
- Hayek's Constitutional Political Economy
- by Viktor Vanberg; on Hayek's ideas on the relationship between rules, order and complex social systems
- Friedrich Hayek: a Panglossian evolutionary theorist
- by Andy Denis, May 1999
Texts
- Hayek: Economics and Knowledge
- Economics and Knowledge by Freidrich Hayek; Presidential address delivered before the London Economic Club; November 10 1936. Economica IV (new ser., 1937), 33-54. Also at http://wmelchior.com/wis/philo/hayek/hayekeconomicsandknowledge.html
Spontaneous order
- Hayek's Legacy of Spontaneous Order
- by David Rehr, The Region, June 1992
- Spontaneous Order and the Role of the State: Liberty and Market Efficiency.
- By: Ryan Deel
- Spontaneous Order
- by Nigel Ashford; Foundation for Economic Education, section on "ideas on liberty"
Common Law
- Understanding Common Law
- by Friends of Freedom
- Introduction à la Common Law
- by Faculty of Law, McGill University
- The History of the Common Law of England
- by Matthew Hale, 1713
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