Virkelighedens rent begrebs­logiske deduktion

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...

The Munich Rent Advisor

The city government of Munich regularly publishes a booklet called the “Mietspiegel” (MS). The MS basically contains a verbal description of an expert system. It allows to calculate the estimated fair rent for a flat. By hand, one may need a weekend to do so. With our computerized version, “The Munich Rent Advisor”, the user just fills in a form in a few minutes and the rent is calculated immed...

The Functional Rent Advisor

Most cities in Germany regularly publish a booklet called \Mietspiegel" that allows calculating an estimate of the fair rent for a at. The Functional Rent Advisor (FRA) extends the functionality and applicability of the \Mietspiegel" for the city of Munich so that the user needs not to give all required information. The FRA is implemented using the high-level purely functional language Haskell....