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Erschienen in:
1993 | OriginalPaper | Buchkapitel
Market Solutions, Failures and Corrections
verfasst von : Dr. Immo Querner
Erschienen in: An Economic Analysis of Severe Industrial Hazards
Verlag: Physica-Verlag HD
Enthalten in: Professional Book Archive
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In the last chapter (necessary) conditions for optimum societal safety efforts were derived. It is the purpose of this chapter to look at the market solutions under different legal regimes and to compare them to the societal optimum. For two reasons the items ‘checking for market-failure’ and ‘devising governmental countermeasures’ are not segregated as in the economic research agenda proposed in the introduction.