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Volume 2, No. 1,
April 2003
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The Origin
Rent-Seeking Concept
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Gordon
Tullock*
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School of Law, George Mason University, U.S.A.
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Abstract
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Possibly
as a prelude to a mini series of critical review
essays, this short paper is intended to revisit and
clarify Tullock's contributions to the concept of
rent-seeking. Some subsequent contributions are
highlighted, so are its implications on social costs
and wealth transfers.
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Key words
: rent-seeking; social costs; transfers;
political economy
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JEL classification
: B30; D61; D72
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