Abstract
Discussions and debates on land policies have often been unrewarding because analysts have not understood the relationship between their arguments and the arguments of other analysts. Similarly, land policies have often failed because their designers did not carefully relate the policy tools to the particular market failures and public objectives. This chapter presents a framework for relating the economists’ analysis of the market and economic efficiency with the analysis of other concerns broadly described by the term equity.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1981 Plenum Press, New York
About this chapter
Cite this chapter
Brown, H.J. (1981). Market Failure. In: de Neufville, J.I. (eds) The Land Use Policy Debate in the United States. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3252-7_12
Download citation
DOI: https://doi.org/10.1007/978-1-4613-3252-7_12
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-3254-1
Online ISBN: 978-1-4613-3252-7
eBook Packages: Springer Book Archive