We investigate observed rent dissipation—the ratio of the total costs seeking to monetary value rent—in winner-take-all and share contests, where preferences are more general than usually assumed in literature. With concave valuation rent, we find that contests can exhibit over-dissipation if contested is below a threshold yet under-dissipation with large rents: nature implies contestants relat...

The current paper evaluates the impact of corruption and rent-seeking behaviors upon economic wealth in European Union states using a public choice approach. period study is 2000 to 2019. To measure this impact, present uses regression with variables reflecting governance quality considered relevant, from approach, rent-seeking. main results show negative relationship between level for all anal...