Paper: Bator (1958)

The Anatomy of Market Failure, QJE, Francis M. Bator, (1958)
== Summary ==
=== Intro ===
=== I. The Conditions of Market Efficiency ===
=== II. Neoclassical External Economies: a Digression ===
=== III. Statistical Externalities: an Ordering ===
=== IV. Comments ===
=== V. Efficiency, Markets, and Choice of Institutions ===