Candel-Sánchez, Francisco; Perote-Peña, Juan - In: Public Choice 157 (2013) 1, pp. 169-181
We argue that political competition based on income redistribution à la Lindbeck and Weibull (Public Choice 52:273–297, <CitationRef CitationID="CR10">1987</CitationRef>) may cause distortive regulation in a competitive sector. For this purpose, we propose a model in which imposing a production quota allows the extraction of rents that...</citationref>