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An Exploration of Rent Seeking
journal contribution
posted on 2023-05-16, 17:57 authored by Brooks, MA, Heijdra, BThe aim of this paper is 10 survey critically the recent literature on rent seeking and Directly Unproductive Profitâ€Seeking Activities (DUP). The links with the related literatures on transactions costs and property rights are also explored. It is argued that a clearer understanding of wasteful competition emerges if the framework of constitutional economics is adopted. It is furthermore argued that a dynamic framework is most suitable to analyze wasteful competition Copyright © 1989, Wiley Blackwell. All rights reserved
History
Publication title
Economic RecordVolume
65Issue
188Pagination
32-50ISSN
0013-0249Department/School
TSBEPublisher
Blackwell PublishingPlace of publication
AsiaRepository Status
- Restricted