منابع مشابه
Market Structure, Union Rent Seeking, and Firm Profitability
Considerable attention has been given to studies concluding that monopoly profits associated with industry concentration provide the primary source from which labor unions capture rents [Salinger (1984); Karier (1985); Freeman (1983)]. This conclusion has obvious appeal. It implies that the impact of concentration on profitability has been systematically understated in empirical studies owing t...
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 کاملForeign aid and rent - seeking *
Why has the macroeconomic impact of foreign aid seemingly been so poor? Is there a relationship between the widespread level of corruption and other types of rent-seeking activities and concessional assistance? To answer these questions we provide a simple game-theoretic rent-seeking model. The model has a number of implications. First, under certain circumstances, an increase in government rev...
متن کاملInuencing rent-seeking contests
This paper shows that a policy that uniformly increases contestants e¤ort costs can lead to an increase in total e¤ort. In asymmetric settings, this levels the playing eldand therefore encourages weaker players (who otherwise would have stayed out) to enter. Paradoxically, a contest designer whose only objective is to maximize total e¤ort may thus wish to make rent-seeking more di¢ cult. ...
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ژورنال
عنوان ژورنال: The Scandinavian Journal of Economics
سال: 2013
ISSN: 0347-0520
DOI: 10.1111/sjoe.12014