Market failure in the municipal economy

<p>The aim of this paper is, firstly, to assess the main factors of market failure in the municipal economy and, secondly, to show its practical consequences for the regulatory framework. The municipal market failure follows from market inefficiency connected mainly with natural monopoly and p...

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Bibliographic Details
Main Author: Piotr Jeżowski
Format: Article
Language:English
Published: Uniwersytet Mikołaja Kopernika 2009-12-01
Series:Ekonomia i Prawo
Subjects:
Online Access:http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/7291