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Where are the rent seekers?
Hillman, Arye L.; Ursprung, Heinrich W. - 2016
In a remarkably simple and yet in one of the most original and insightful observations of 20th century economics, Gordon Tullock observed that there are efficiency losses when public policies and political behavior create contestable rents. Tullock also observed that social losses from...
Persistent link: https://www.econbiz.de/10011447512
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Policy persistence and rent extraction
Friedrich, Silke - 2013
The existing literature has shown that special interest groups can have both growth enhancing and retarding effects on an economy. In either case it is always assumed that the nature of the special interest groups remains constant over time. The hypothesis of this paper is that a dynamic...
Persistent link: https://www.econbiz.de/10009766682
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On the optimal size of public sector under rent-seeking competition from state coffers
Park, Hyun; Philippopulos, Apostolēs; Vassilatos, Vanghelis - 2003
This paper incorporates competition for fiscal transfers (or, equivalently, rent seeking from state coffers) into a standard general equilibrium model of economic growth and endogenously chosen fiscal policy. The government generates tax revenues, but then each selfinterested individual agent...
Persistent link: https://www.econbiz.de/10011508090
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Strategic restraint in contests
Epstein, Gil S.; Nitsan, Shemuʾel - 2000
lobbying activities. …
Persistent link: https://www.econbiz.de/10009781546
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Politics of randomness
Epstein, Gil S.; Nitsan, Shemuʾel - 2002
clarify how stake asymmetry, lobbying-skill asymmetry and return to lobbying effort determine the relative desirability, from …
Persistent link: https://www.econbiz.de/10011513996
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Contests among bureaucrats
Bös, Dieter - 2002
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total … departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The … antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10011514012
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The economics of politically connected firms
Choi, Jay Pil (contributor); Thum, Marcel (contributor) - 2007
Persistent link: https://www.econbiz.de/10003498759
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Does conservatism matter? : a time series approach to central banking
Berger, Helge; Woitek, Ulrich - 1999
negatively correlated with inflation and inflation variance across countries. But the cross-country approach has been criticised … economy, higher output and somewhat lower inflation. We also investigate the interaction between the central bank and the …
Persistent link: https://www.econbiz.de/10009781685
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Can lower tax rates be bought? : business rent-seeking and tax competition among US States
Chirinko, Robert S.; Wilson, Daniel J. - 2010
allowing for the possibility that policymakers also may be influenced by the rent-seeking (lobbying) behavior of businesses …
Persistent link: https://www.econbiz.de/10003985850
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Group contests with internal conflict and power asymmetry
Choi, Jay Pil; Chowdhury, Subhasish M.; Kim, Jaesoo - 2014
We investigate situations in which players make costly contributions as group members in a group conflict, and at the same time engage in contest with fellow group members to appropriate the possible reward. We introduce within group power asymmetry and complementarity in members'efforts, and...
Persistent link: https://www.econbiz.de/10010467392