Low Nest Success of Black-Legged Kittiwakes (<i>Rissa tridactyla</i>) at a Mainland Colony Is Not Associated With Disturbance From Walkers or Boats: Implications for Compensation for Offshore Renewables Impacts. [PDF]
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Mapping the digital determinants of health: a machine learning analysis of YouTube narratives on child undernutrition in Pakistan. [PDF]
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A nomogram for risk prediction in patients with heart failure and diabetes: Development and validation. [PDF]
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Beyond Market Failure and Government Failure
SSRN Electronic Journal, 2018Criticisms of market outcomes often rest upon a notion of ‘market failure,’ meaning that the market has failed to align incentives and knowledge to produce an optimal outcome. Rejoinders to classic market failure arguments have taken several forms: that there are institutional or contracting solutions to various forms of market failures, that ...
Glenn Furton, Adam Martin
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The Failure of Parliamentary Government
2020Membership of the EU tested the authority of parliamentary government in the UK. In the traditional model, the government of the day has wide discretion to make policies as long as it has a majority in Parliament. This is usually possible by the first-past-the-post electoral system awarding the party that has a plurality of votes an absolute majority ...
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The analysis begins from the origin of the concept of market failure, and continues with an explanation of the reasons why a measure of political economy could worsen market allocation and the level of social welfare. Mention is made of the differences between Europe and the United States regarding the weight of the State in the economy, and of the ...
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Examining the Role of Government Intervention in Market Failure and Government Failure
Journal of Applied Business and Economics, 2022This study investigated the role of government intervention in market failure and government failure during the card debt crisis in Taiwan. To achieve this goal, data related to information asymmetry was collected and combined with adverse selection and moral hazard data to confirm if market failure existed. Based on the confirmation of market failure,
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Government Failure and Government Intervention
1999Although the development and extension of the theory of market failure represents an impressive intellectual achievement, it is clear from the discussion in Chapter 2 that this paradigm has too many flaws for it to accurately prescribe the appropriate degree of government intervention in a modern advanced market economy.
Joe Wallis, Brian Dollery
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