Rent seeking and the economics of corruption
نویسندگان
چکیده
منابع مشابه
Rent Seeking and the Economics of Corruption
The paper studies the influence of Gordon Tullock (1967) and the rent-seeking literature more generally on the study of corruption. The theoretical corruption literature with its emphasis on principal-agent relationships within government and rent creation by corruption politicians has largely, but not entirely, overlooked that contestable rents encourage unproductive use of real resources in s...
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We describe recent advances in the study of rent seeking and corruption in financial markets. We outline three areas of inquiry: (a) conceptualizing rent seeking, (b) identifying rent-provision channels and their general equilibrium impact, and (c) designing feasible remedial mechanisms. We provide suggestions for making further progress in these areas and review a variety of approaches taken i...
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How is corruption organized? Studies of corrupt behavior to date shed light on both the causes and consequences of corruption. Yet we have little understanding of how corrupt activities are structured and the ways in which rents are, or are not, distributed across various actors—insights that would, in theory, prove enlightening for efforts to reduce corruption. In this paper, I analyze the org...
متن کاملRent-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...
متن کاملWorking Paper Draft Economic Analysis of Persistent Civil Conflict : Violence , Corruption and Rent - Seeking
Economics of conflict, corruption and rent seeking are combined to create an analytical framework for empirical research on the phenomenon of prolonged civil conflict. Prolonged conflict is understood to last across at least one generation in a society. Game theory and a supporting narrative identify five empirical hypotheses to be tested against qualitative and quantitative data developed from...
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ژورنال
عنوان ژورنال: Constitutional Political Economy
سال: 2016
ISSN: 1043-4062,1572-9966
DOI: 10.1007/s10602-016-9215-9