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1 of 1 people found the following review helpful:
4.0 out of 5 stars
Every economist should read late Laffont's approach to public economics,
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This review is from: Fundamentals of Public Economics (Paperback)
First, Laffont's taxonomy about public goods is the most clear I have seen so far. Moreover, this book gives clear explanations of now standard concepts such as externalities, quasilinear preferences, pigouvian taxes, marginal cost pricing ... But I think the exercises are most instructive in this book than in most others. There are not so many exercises, but each is like real textbook material. Finally, Laffont use few words to quickly get to the points, he uses rigorous but accessible formalism. France lost a great man.
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Fundamentals of Public Economics by Jean-Jacques Laffont (Hardcover - March 24, 1988)
$50.00
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