Encyclopedia > Market failure

Article Content

Market failure

Market failure is a case where markets fail to efficiently provide or allocate goods and services.

The main reasons for market failure include:

monopoly
externality
assymetrical information[?]
public goods

Featured Article

French resistance

... Socialiste, Francs-Tireur, Front National, and Liberation to unify their efforts to The Conseil National de la Resistance (CNR or National Council of the Resistance) under ...