Back إخفاق السوق Arabic Bazar uğursuzluğu Azerbaijani Fallada de mercat Catalan Selhání trhu Czech Markedsfejl Danish Marktversagen German Αποτυχία της αγοράς Greek Market failure English Fallo de mercado Spanish Turutõrge Estonian
In neoclassical economics, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient. Common causes of market failure are information assymmetries, externalities, natural monopolies and public goods. Market failure is one of the reason why a state regulates a market to improve the allocation.
