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Market failure vs. system failure as a rationale for economic policy? A critique from an evolutionary perspective

Crossref DOI link: https://doi.org/10.1007/s00191-018-0564-6

Published Online: 2018-03-01

Published Print: 2018-09

Update policy: https://doi.org/10.1007/springer_crossmark_policy

Authors

Schmidt, Peter
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First Online: 1 March 2018

Compliance with Ethical Standards

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: During the writing process of this paper, the author has received a doctoral scholarship from the “FAZIT-STIFTUNG Gemeinnützige Verlagsgesellschaft mbH” and a travel grant from the “Regional Studies Association” to present an earlier version at the 55th European Regional Science Association (ERSA) conference in Lisbon, Portugal, in 2015.