Extracto
Table of Contents
I. Introduction
1. General Theory of market failure
2. Asymmetric information within the Arts
3. Uncertainty and Adverse selection within the Arts
4. Public goods: Positive extern effects
5. Welfare Economics: Why and when should the government intervene?
II. The Contingent Valuation Method
1. What does the Contingent Valuation Method show
2. What are the weaknesses of CVM
3. What can CVM contribute to decision makers of public policy to overcome the particular reasons of Market failure within the Arts?
III. Conclusion
Contingent Valuation Method and “The New Political Economy”
IV. Literature Overview
Final del extracto de 17 páginas
- Citar trabajo
- Friedrich Ansgar Drywa (Autor), 2008, The Contingent Valuation Method as a policy instrument, Múnich, GRIN Verlag, https://www.grin.com/document/166570
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