MARKET FAILURE IN THEORY AND PRACTICE - KRYSTYNA PRZYBYLSKA

Krystyna Przybylska's book analyzes the phenomenon of market failure, which is a situation in which the market inefficiently allocates resources. The author examines the causes and consequences of this phenomenon, focusing on the role of the state in correcting market imperfections. This publication is a valuable source of knowledge for economists, students, and anyone interested in the functioning of the modern economy.

• Analysis of market failure in the context of theory and practice
• The role of the state in correcting market imperfections
• Examples of specific situations in which the market fails
• Disparities in resources and their impact on market efficiency
• Public interests and market mechanisms
• Fair redistribution of wealth in society
• Conflicts of interest of transaction participants

Krystyna Przybylska, the author of this publication, is a recognized expert in the field of economics. Her work is an important contribution to understanding market mechanisms and their limitations. This book is the result of years of research and analysis that the author conducted to better understand the complexity of the modern economy.

The Scientific Publishing House PWN, known for publishing high-quality scientific literature, provides readers with a valuable book that will certainly contribute to deepening knowledge about the functioning of markets. The hardcover ensures the durability of the book, and the careful edition guarantees a comfortable reading experience.

This book is especially recommended for students of economics, economic policy, and anyone interested in the issue of market failure. It contains numerous examples and analyses that help to understand the complexity of this phenomenon. The author presents difficult issues in an accessible way, making the reading interesting and informative.

"Market failure defines a situation in which the market does not effectively fulfill its basic allocation function. This phenomenon occurs when the actions of individuals guided by private interest lead to the effects of inefficient use of resources. Although modern markets are good at meeting the individual needs of consumers, they do not have efficient mechanisms that take into account public interests."