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The Economic Analysis of Rent Seeking : International Library of Critical Writings in Economics - Robert D. Tollison

The Economic Analysis of Rent Seeking

International Library of Critical Writings in Economics

By: Robert D. Tollison (Editor), Roger D. Congleton (Editor)

Hardcover Published: January 1995
ISBN: 9781858980058
Number Of Pages: 424

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This collection brings together the classic papers on the economics of rent seeking. These papers date from Gordon Tullock's original 1967 paper which first put forth the idea that the pursuit of transfers was socially costly. Other classic papers by Anne Krueger and Richard Posner are included, as well as a series of more recent papers which trace the evolution of the literature on this innovation in economic theory.

Acknowledgements
Introduction
The Welfare Costs of Tariffs, Monopolies, and Theftp. 3
The Political Economy of the Rent-Seeking Societyp. 12
The Social Costs of Monopoly and Regulationp. 25
Rent Seeking and Profit Seekingp. 46
Directly Unproductive, Profit-Seeking (DUP) Activitiesp. 59
Rent Seeking: A Surveyp. 74
Competitive Process, Competitive Waste, and Institutionsp. 101
Efficient Rent Seekingp. 131
Long-run Equilibrium and Total Expenditures in Rent-seekingp. 147
Free Entry and Efficient Rent Seekingp. 153
Back to the Bogp. 165
Stackelberg Rent-seekingp. 170
Are Rents Fully Dissipated?p. 185
Black Hole Tariffsp. 209
DUP Activities and Economic Theoryp. 225
Risk-Averse Rent Seekers and the Social Cost of Monopoly Powerp. 243
Risk-Averse Rent Seeking with Shared Rentsp. 250
Ideological Conviction and Persuasion in the Rent-seeking Societyp. 265
Rent Seeking under External Diseconomiesp. 289
The Allocation of Talent: Implications for Growthp. 301
An Estimate of Resource Expenditures on Transfer Activity in the United Statesp. 329
Life Among the Triangles and Trapezoids: Notes on the Theory of Rent-Seekingp. 354
Evaluating Rent-seeking Losses: Do the Welfare Gains of Lobbyists Count?p. 365
Reform in the Rent-Seeking Societyp. 371
Romance, Realism, and Economic Reformp. 380
Name Indexp. 395
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781858980058
ISBN-10: 1858980054
Series: International Library of Critical Writings in Economics
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 424
Published: January 1995
Publisher: Edward Elgar Publishing Ltd
Country of Publication: GB
Dimensions (cm): 25.4 x 17.78  x 3.81
Weight (kg): 0.86

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