Discontinuous Institutional Alternatives in the Context of Economy Deregulation

Andrey Shastitko

Voprosy Ekonomiki, 2004, issue 12

Abstract: Various ways of state participation in the mechanisms of transaction management are considered in the article. Differences between compensation and elimination of the market failures are identified. Opportunities and risks of non-regulatory alternatives usage as a mean of market failure compensation are described. Based on classification of goods correlated to relative cost of their useful characteristics evaluation (search, experience, merit) questions of institutional alternatives in three areas (political, financial and commodity) are examined.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2004:id:1978

DOI: 10.32609/0042-8736-2004-12-94-110

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