This paper shows that a policy that uniformly increases contestants’ effort costs can lead to an increase in total effort. In asymmetric settings, this “levels the playing field” and therefore encourages weaker players (who otherwise would have stayed out) to enter. Paradoxically, a contest designer whose only objective is to maximize total effort may thus wish to make rent-seeking “more diffic...

In this paper, …rms engage in rent seeking in order to be assigned a governmental contract. We analyze how a change in the contract length a¤ects the …rms’ rent-seeking behavior. A longer contract leads to more rent seeking at a contract assignment stage, as the …rms value the contract higher. On the other hand, the contract has to be assigned less often, which of course leads to less rent seek...

In this paper, it is argued that the college textbook market provides a clear example of monopoly seeking as described by Tullock (1967, 1980). This behavior is also known as rent seeking. Since this market is important to students, this example of rent seeking will be of particular interest to them.

Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find that the individual propensity for stigmatizing rent seeking significantly and positively affects pr...

We study the benefits of private entrepreneurs entering into politics in China. Using original hand-collected data on political participation of entrepreneurs that control listed firms, we document evidence of rent seeking through their political networks and several potential channels through which rent seeking is realized. It is shown that political participation results in increased stock pe...

The purpose of reform is to reduce distortions in the economic system and enhance efficiency. However, along with incremental partial reforms, local governments or individuals often have the chance to capture the rent inherent in the gradual transition process. Young (2000) warned that this rent-seeking behavior might lead to increasing market fragmentation. Empirical studies have shown the opp...

Rent seeking dalam Formulasi kebijakan juga dilakukan dengan cara manipulasi data ekspor oleh surveyor. Surveyor berperan penting sebagai perpanjangan tangan pemerintah melakukan verifikasi produk batubara. Kerumitan pada kasus ini terjadi akibat adanya aktivitas rent-seeking berupa mark-up dan mark-down kualitas kuantitas Penelitian bertujuan untuk mengungkap kepentingan agenda batubara ter...