Local Office Rent Dynamics

Rent-seeking and Gender in Local Governance

The paper examines the relationship between corruption and gender in institutions of local government in India, using a Logit model. Recent debates about women’s participation in electoral politics suggest that the presence of more women in government will engender public policy, and also tends to reduce corruption. The evidence we examined indicates that gender is not a significant factor in e...

Intelligent identification of vehicle’s dynamics based on local model network

This paper proposes an intelligent approach for dynamic identification of the vehicles. The proposed approach is based on the data-driven identification and uses a high-performance local model network (LMN) for estimation of the vehicle’s longitudinal velocity, lateral acceleration and yaw rate. The proposed LMN requires no pre-defined standard vehicle model and uses measurement data to identif...

Rent Control

Rent-setting in multiple winner rent-seeking contests

In this paper, we analyze a multiple winner rent-seeking contest where the number of winners is set by a self-interested regulator. The winners receive a license to compete in a market. The structure of competition in the market influences the number of winners through the preferences of the regulator. The model indicates that Cournot competitors can be better off than firms that are able to co...

Rent-Seeking and Innovation

Innovations and their adoption are the keys to growth and development. Innovations are less socially useful, but more profitable for the innovator, when they are adopted slowly and the innovator remains a monopolist. For this reason, rent-seeking, both public and private, plays an important role in determining the social usefulness of innovations. This paper examines the political economy of in...