Central to environmental economics is the concept of market failure.
"Is there a market failure that the government can correct?"
In this event there is said to be market failure.
A healthy government has to have the strength to correct market failures.
Poor distribution of goods has also been identified as a market failure.
This is because they address the symptom, not the cause of financial market failures.
This situation can be seen as a market failure, and an issue of appropriability.
Such a case is a type of market failure and results in workers being paid less than their marginal value.
On the supply side, there are two main sources of market failure.
The result has been market failure unlike anything I remember seeing.
Słownik ekonomii