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The Political Economy of Rent-Seeking (Hardcover, 1988)
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The Political Economy of Rent-Seeking (Hardcover, 1988)
Series: Topics in Regulatory Economics and Policy, 1
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It is now twenty years since the concept of rent-seeking was first
devised by Gordon Tullock, though he was not responsible for
coining the phrase itself. His initial insight has burgeoned over
two decades into a major research program which has had an impact
not only on public choice, but also on the related disciplines of
economics, political science, and law and economics. The reach of
the insight has proved to be universal, with relevance not just for
the democracies, but also, and arguably more important, for all
forms of autocracy, irrespective of ideological com plexion. It is
not surprising, therefore, that this volume is the third edited
publication dedicated specifically to scholarship into rent-seeking
behavior. The theory of rent-seeking bridges normative and positive
analyses of state action. In its normative dimension, rent-seeking
scholarship has expanded, enlivened, in some respects turned on its
head, the traditional welfare analyses of such features of modern
economics as monopoly, externalities, public goods, and trade
protection devices. In its positive dimension, rent-seeking
contributions have provided an important analy tical perspective
from which to understand and to predict the behavior of
politicians, interest groups and bureaucrats, the media and the
academy within the political market place. This bridge between
normative and positive elements of analysis is invaluable in
facilitating an understanding of and evaluating the costs of state
activity within a consistent paradigm."
General
Imprint: |
Kluwer Academic Publishers
|
Country of origin: |
United States |
Series: |
Topics in Regulatory Economics and Policy, 1 |
Release date: |
1988 |
First published: |
1988 |
Editors: |
Charles Rowley
• Robert D. Tollison
• G. Tullock
|
Dimensions: |
234 x 156 x 28mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
492 |
Edition: |
1988 |
ISBN-13: |
978-0-89838-241-9 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
0-89838-241-6 |
Barcode: |
9780898382419 |
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