Consumer sovereignty and quasi-market failure

David Lynn Lowery

Research output: Contribution to journalArticle

96 Citations (Scopus)

Abstract

This article explores the concept of quasi-market failure in order to develop a coherent and consistent critique of such quasi-market institutions as vouchers, contracting, and the Tiebout model. After discussing the use of consumer sovereignty as a criterion by which to assess failure, three sources of quasi-market failure are examined: failure in quasi-market formation, failure by preference error, and failure by preference substitution. Each is illustrated with examples from the empirical literature. The article concludes with a discussion of the implications of quasi-market failure both for quasi-markets and for justifying reliance on the more traditional progressive reform institutions of public-service provision and production.

Original languageEnglish (US)
Pages (from-to)137-172
Number of pages36
JournalJournal of Public Administration Research and Theory
Volume8
Issue number2
DOIs
StatePublished - Jan 1 1998

Fingerprint

market failure
sovereignty
market
substitution
public service
reform
Consumer sovereignty
Quasi-markets
Market failure

All Science Journal Classification (ASJC) codes

  • Sociology and Political Science
  • Public Administration
  • Marketing

Cite this

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Consumer sovereignty and quasi-market failure. / Lowery, David Lynn.

In: Journal of Public Administration Research and Theory, Vol. 8, No. 2, 01.01.1998, p. 137-172.

Research output: Contribution to journalArticle

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