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Tables of Contents for Market Failure or Success
Chapter/Section Title
Page #
Page Count
Figures
xi
 
Tables
xiii
 
Acknowledgements
xv
 
INTRODUCTION
1. Introduction
3
28
Tyler Cowen and Eric Crampton
PART 1 NEW MARKET FAILURE THEORIES
2. Toward a general theory of wage and price rigidities and economic fluctuations
31
10
Joseph E. Stiglitz
3. Keynesian economics and critique of first fundamental theorem of welfare economics
41
25
Joseph E. Stiglitz
4. The market for 'lemons': quality uncertainty and the market mechanism
66
13
George A. Akerlof
5. Path dependence, its critics and the quest for 'historical economics'
79
28
Paul A. David
PART 2 THEORETICAL RESPONSES
6. Information and efficiency: another viewpoint
107
14
Harold Demsetz
7. Efficiency wage models of unemployment: one view
121
27
H. Lorne Carmichael
8. Do informational frictions justify federal credit programs?
148
24
Stephen D. Williamson
9. The demand for and supply of assurance
172
 
Daniel B. Klein
PART 3 EMPIRICAL AND EXPERIMENTAL RESPONSES
10. Beta, Macintosh and other fabulous tales
195
14
Stan J. Liebowitz and Stephen E. Margolis
11. Some evidence on the empirical significance of credit rationing
209
30
Allen N. Berger and Gregory P. Udell
12. An empirical examination of information barriers to trade in insurance
239
30
John Cawley and Tomas Philipson
13. A direct test of the lemons' model: the market for used pickup trucks
269
6
Eric W. Bond
14. Public choice experiments
275
13
Elizabeth Hoffman
15. Non-prisoner's dilemma
288
5
Gordon Tullock
16. Group size and the voluntary provision of public goods: experimental evidence utilizing large groups
293
33
R. Mark Isaac, James M. Walker and Arlington W. Williams
17. Cooperation in public-goods experiments: kindness or confusion?
326
21
James Andreoni
Index
347