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An Exploration of Rent Seeking
Citation
Brooks, MA and Heijdra, B, An Exploration of Rent Seeking, Economic Record, 65, (188) pp. 32-50. ISSN 0013-0249 (1989) [Refereed Article]
DOI: doi:10.1111/j.1475-4932.1989.tb00676.x
Abstract
The aim of this paper is 10 survey critically the recent literature on rent seeking and Directly Unproductive Profit‐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
Item Details
| Item Type: | Refereed Article |
|---|---|
| Research Division: | Economics |
| Research Group: | Applied Economics |
| Research Field: | Welfare Economics |
| Objective Division: | Economic Framework |
| Objective Group: | Microeconomics |
| Objective Field: | Microeconomics not elsewhere classified |
| UTAS Author: | Brooks, MA (Associate Professor Michael Brooks) |
| ID Code: | 39853 |
| Year Published: | 1989 |
| Web of Science® Times Cited: | 19 |
| Deposited By: | Economics and Finance |
| Deposited On: | 2006-07-06 |
| Last Modified: | 2006-07-06 |
| Downloads: | 0 |
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