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The Theory of Quasi-Markets

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Abstract

As noted in Chapter 1, the majority of the quasi-market changes are only just being put into place, and it will not be feasible to assess their empirical consequences for several years. However, this does not mean that any kind of evaluation is impossible. It is possible to undertake a theoretical analysis that specifies the conditions quasi-markets will have to meet if they are to succeed, and then to make a preliminary empirical assessment of the extent to which those conditions appear to be met in practice. However, to do this requires development of the theory of quasi-markets; and such is the aim of this chapter.

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Julian Le Grand Will Bartlett

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© 1993 Will Bartlett and Julian Le Grand

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Bartlett, W., Grand, J.L. (1993). The Theory of Quasi-Markets. In: Grand, J.L., Bartlett, W. (eds) Quasi-Markets and Social Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22873-7_2

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