ANALYSIS OF SHORTCOMINGS IN IMPROVING THE COMPETITIVENESS OF THE EDUCATION MARKET

Section: Articles Published Date: 2021-06-17 Pages: 62-67 Views: 65 Downloads: 144

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Abstract

This paper aims to explore the types, origins and clasification of market failure with the help of theories and experimental works of some researchers  on externalities and other factors.

Keywords

Market failure, Externalities, Coase Theorem, Allocation of resources, Pegovian tax, Transaction coasts, Shadow economy