Book Chapter

Just Prices, Market (In)Efficiency and Wealth (In)Equality

Springer Nature, (2024), 29-49
DOI: 10.1007/978-3-031-56822-0_3
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Abstract

This chapter analyses the normative appeal of a conception of the just price based on the value of market efficiency (the ‘Efficiency Conception’). The chapter suggests that the Efficiency Conception is a normatively attractive conception of the just price only under conditions of wealth equality and discusses two common objections to the feasibility of a price system committed to wealth equality.

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APA

Reyes, J. (2024). Just Prices, Market (In)Efficiency and Wealth (In)Equality. In Economic Analysis of Law in European Legal Scholarship (Vol. 17, pp. 29–49). Springer Nature. https://doi.org/10.1007/978-3-031-56822-0_3

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