Exchange Currency

rent seeking

The using up of real resources in an effort to secure the rights to economic rents that arise from government policies. In international economics the term usually refers to efforts to obtain quota rents. Term introduced by Krueger 1974.

Related information about rent seeking:
  1. Rent-seeking - Wikipedia, the free encyclopedia
    In economics, rent-seeking is an attempt to obtain economic rent by manipulating the social or political environment in which economic activities occur, rather ...
     
  2. Rent Seeking: The Concise Encyclopedia of Economics | Library of ...
    Rent seeking” is one of the most important insights in the last fifty years of economics and, unfortunately, one of the most inappropriately labeled. Gordon Tullock ...
     
  3. Rent-Seeking Definition | Investopedia
    When a company, organization or individual uses their resources to obtain an economic gain from others without reciprocating any benefits back to society ...
     
  4. Rent-seeking behavior: A Glossary of Political Economy Terms - Dr ...
    Examples of rent-seeking behavior would include all of the various ways by which individuals or groups lobby government for taxing, spending and regulatory ...
     
  5. Stiglitz: Much of the financial sector involves "rent-seeking" not ...
    Jul 9, 2012 ... Keep that term “rent-seeking” in mind, and also that use of the law. This perfectly describes what the bulk of current economic activity is about.
     
  6. The Fundamentals of Rent-Seeking
    Prior to 1967, twentieth century neoclassical economists (myself included) taught students that the social cost of monopoly and special privilege was the ...
     
  7. Why Is Rent-Seeking So Costly to Growth? - Department of ...
    Why Is Rent-Seeking So Costly to Growth? By KEVIN M. MURPHY, ANDREI SHLEIFER, AND ROBERT W. VISHNY*. Economists from Adam Smith (1776) to ...
     
  8. “Rent-Seeking” | TIME.com
    Aug 9, 2012 ... Rent-seeking is a phrase increasingly in vogue by folks without real jobs. Wikipedia defines it as “an attempt to obtain economic rent by ...