International Journal of Business and Economics Volume 2, No. 1 April, 2003 |
The Origin Rent-Seeking Concept |
Gordon Tullock |
School of Law, George Mason University, U.S.A |
Abstract |
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. |
Keywords: rent-seeking, social costs, transfers, political economy. |
JEL Classifications:B30, D61, D72. |
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