The economic theory of rent seeking

The economic theory of rent seeking

Tullock's concept of rent seeking was the first statement of a quantitative principle about the social costs of such activities as lobbying and favor seeking. As such, this part of Tullock's legacy to modern economics is one of his most important contributions.

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Veröffentlicht in:Public choice 2012-07, Vol.152 (1/2), p.73-82
1. Verfasser: Tollison, Robert D.
Format: Artikel
Sprache:eng
Schlagworte:
Antitrust
Bribery
Classical economics
Costs
Crime
Economic costs
Economic regulation
Economic rent
Economic Theories
Economic theory
Economics
Economics and Finance
Entrepreneurship
Lobbying
Monopolies
Monopoly
Political economy
Political Science
Positive economics
Public Finance
Rent seeking behavior
Rent-seeking
Rents
Social costs
Social impact
Studies
Tariffs
Tullock, Gordon
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Beschreibung
Zusammenfassung:Tullock's concept of rent seeking was the first statement of a quantitative principle about the social costs of such activities as lobbying and favor seeking. As such, this part of Tullock's legacy to modern economics is one of his most important contributions.
ISSN:0048-5829
1573-7101
DOI:10.1007/s11127-011-9852-5