Rent seeking takes other forms, such as bribery, corruption, smuggling, and black markets. This paper shows some of the ways in which rent seeking is competitive. The purpose of the paper is to develop a simple model of competitive rent seeking.
Rent seeking takes other forms, such as bribery, corruption, smuggling, and black markets. This paper shows some of the ways in which rent seeking is competitive. The purpose of the paper is to develop a simple model of competitive rent seeking.
Rent seeking takes other forms, such as bribery, corruption, smuggling, and black markets. This paper shows some of the ways in which rent seeking is competitive. The purpose of the paper is to develop a simple model of competitive rent seeking.