PUBLIC-VALUE FAILURE: WHEN EFFICIENT MARKETS MAY NOT DO

BOZEMAN, BARRY

PUBLIC ADMINISTRATION REVIEW, n.º 2/2002, pág. 145

I. Introduction. 1. The Ascendance of Market Failure in Public Policy Deliberation. 2. Responses to Market Failure. 3. Policy Analysis and Public Value. 4. Public-interest Rationale: An Alternative to Market Failure?. 5. Self-Transformation and Democratic Participation. 6. Communitarian Values. 7. From Public Interest to Public Value. II. Toward a Public-Failure Model. 1. Public-Failure Criteria. 2. Human Organs in the Market: Implications for a Public-Failure Model. 3. The "Public-Value Grid": Intersecting Public Value and Market Efficiency. III. Conclusions.