The Microeconomics of Market Failures -- Contents -- Preface -- The Microeconomics of Market Failures -- Introduction -- Collective Choice -- The Aggregation of Preferences -- Cost-Benefit Analysis -- Implementation -- Public Economics -- Public Goods -- External Effects -- Nonconvexities -- Industrial Organization -- General Equilibrium of Imperfect Competition -- Prices and Quantities -- Product Choice -- Long-Term Entry and Competition -- Vertical Relations -- Incomplete Markets -- Elements of the Theory of Incomplete Markets -- Index.