The last survey of the rent-seeking literature took place more
than a decade ago. Since that time a great deal of new research has
been published in a wide variety of journals, covering a wide
variety of topics. The breadth of that research is such that very
few researchers will be familiar with more than a small part of
contemporary research, and very few libraries will be able to
provide access to the full breadth of that research. This
two-volume collection provides an extensive overview of 40 years of
rent-seeking research.
The volumes include the foundational papers, many of which have
not been in print for two decades. They include recent
game-theoretic analyses of rent-seeking contests and also
applications of the rent-seeking concepts and methodology to
economic regulation, international trade policy, economic history,
political competition, and other social phenomena. The new
collection is more than twice as large as any previous collection
and both updates and extends the earlier surveys. Volume I contains
previously published research on the theory of rent-seeking
contests, which is an important strand of contemporary game theory.
Volume II contains previously published research that uses the
theory of rent-seeking to analyze a broad range of public policy
and social science topics.
The editors spent more than a year assembling possible papers
and, although the selections fill two large volumes, many more
papers could have been included. Our aim has been to include the
most important contributions in the literature and give a broad
overview of secondary contributions. The end result is a fine
collection that shows the flexibility and power of the rent-seeking
methodology, and the light shed on a broad range of political,
social, and institutional research issues. Each volume begins with
an extensive survey of the literature written by the editors and an
overview of the contributions included in the two volumes.
General
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