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... > social science subjects > education > education studies > sociology of education > education in society and culture > evaluation, testing, and research methods > qualitative research > qualitative data collection > vignette > decision making > Rational Choice Theory > market failure
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social science subjects > economics > microeconomics > supply and demand > market failure
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Terme préférentiel

market failure  

Définition

  • Market failure theories underlie most economic arguments for government intervention in the economy. When markets operate in accordance with standard economic assumptions, no person can be made better off except by making someone else worse off. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Market Failure]

Concept générique

Appartient au groupe

URI

http://data.loterre.fr/ark:/67375/N9J-CXZZ1R68-9

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