References
Caplan, Bryan (2007). The myth of the rational voter: Why democracies choose bad policies. Princeton, NJ: Princeton University Press.
Caplan, Bryan (2002). Systematically biased beliefs about economics: Robust evidence of judgmental anomalies from the survey of Americans and economists on the economy. Economic Journal, 112(479), 433–458.
Hanson, Robin (2006). Decision markets for policy advice. In Eric Patashnik, & Alan Gerber (Eds.), Promoting the general welfare: American democracy and the political economy of government performance (pp. 151–173). Washington, DC: Brookings Institution Press.
Olson, Mancur (1965). The Logic of Collective Action. Cambridge: Harvard University Press.
Wittman, Donald (1995). The myth of democratic failure: why political institutions are efficient. Chicago: University of Chicago Press.
Wolfers, Justin, & Zitzewitz, Eric (2004). Prediction markets. Journal of Economic Perspectives, 18(2), 107–126.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Caplan, B. Clifford Winston, Government Failure versus Market Failure . Constit Polit Econ 18, 325–328 (2007). https://doi.org/10.1007/s10602-007-9026-0
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10602-007-9026-0