Microeconomics of Market Failures
Author: Bernard Salanié
List Price: $37.00
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ISBN: 0262194430
Publisher: MIT Press (16 October, 2000)
Sales Rank: 237,629
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
Excellent complement and starting point
In this extremely elegant and condensed work, Salanie once again provides a great externality to his readers (continuing after "The Economics of Contracts"): at the end it leaves a unequivocal desire to dive deeper in the subject.Limitations? As mentioned in the introduction, the book is extracted from a series of lectures the author gave; lets say, they are great lectures but without the session of Q&A (questions and answers). Therefore, there is little communication with the reader's questions, the reader is required to investigate more in his/her own, e.g. no end of chapter problems or things like those.
In short, I will strongly recommended it along with the traditional material of a General Equilibrium course (e.g. Mas-Colell et.al.). But do not expect a treatise, it is more a general overview.
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