Demonstrating Market Failures

Description

This recorded session explores the concept of Market Failure in alignment with the Green Book definitions and other guidance, including economic theory. It looks at examples of different types of market failures, how to identify them and how to evidence them. The session presents a series of case study examples of where market failures have been identified and how they were demonstrated.

This recorded event is useful for Towns that are struggling to clearly define the market failures they are facing as part of their Business Case. It is also useful to inform the rationale behind some of the benefits which can be claimed in the Economic Case.

About the speakers

Danny Collins is Director of Economics at Savills with over 15 years experience of development consultancy, specialising in property market analysis and economic benefits assessment of major development projects, including new master planned communities, town centre studies, and infrastructure projects. Danny has particular expertise in developing the economic case for public sector investment projects.

Rob plays a lead role in Grant Thornton's Public Services consulting team. He brings particular expertise in the analysis of large quantitative and qualitative data, with the explicit purpose of deriving intelligent insight to inform service delivery, make the case for investment and to drive performance improvement.