Results 201 to 210 of about 759,763 (260)
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2023
Abstract Economic rents are a major source of income inequality in the United States as well as in countries such as Russia and China. Rent incomes are concentrated among owners, shareholders, and top-level executives of the industries with the highest market power. Competition dissipates rents.
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Abstract Economic rents are a major source of income inequality in the United States as well as in countries such as Russia and China. Rent incomes are concentrated among owners, shareholders, and top-level executives of the industries with the highest market power. Competition dissipates rents.
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Rent Control: An Economic Abomination
International Journal of Value-Based Management, 1998Rent control is a public policy which fails on both normative and positive economic grounds. In the former case, it violates all canons of equity, of both right (private property rights are sacrosanct) and left (it does not promote egalitarianism, rather, often, it enriches rich tenants and impoverishes poor landlords).
Walter Block +2 more
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Economic Benefits of Renting Software
Journal of Organizational Computing and Electronic Commerce, 1998In this article, we analyze the economics of a monopoly firm selling and renting a packaged software product by employing an intertemporal monopoly pricing game to model the firm's pricing strategy. The game models the software product as two versions; the first version is available in the first period and the second, a revised version, is available in
Vidyanand Choudhary +2 more
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The False Economic Rent Theory
SSRN Electronic Journal, 2014This paper proves that the so-called marginal cost curve in the traditional monopoly model is a false image built on some wasteful experimental average cost curve. This paper then reveals the ugly but true picture of monopolists, and proves that they will not be satisfied with such limited economic rent, but rather they plunder for unlimited monopolist
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Rent seeking and economic growth
Journal of Development Economics, 1993Abstract This paper introduces distributional activities in one of the simplest endogenous growth models. Firms engage in investment and lobbying, with the extent of the latter determining the number of restrictive regulations in force. As a result, the growth rate increases with the private cost of passing a regulation, while dynamics include rise ...
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Rents, Rent-Seeking and Economic Development
2000The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises.
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Rent extraction and rent creation in the economic theory of regulation
The Journal of Legal Studies, 1987The economic theory of regulation has advanced considerably since Stigler’s seminal piece explained government’s ability to create rents by cartelizing private producers.1 Because political action can redistribute wealth generally, it is now seen that private interest groups other than producers also have an incentive to organize, both to obtain the ...
Fred S. Mcchesney, John M. Olin
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Strategy, Complexity, and Economic Rent
Management Science, 1990This paper discusses important friction forces that future theories of strategy must incorporate. Some of these are technological and environmental; but the most important ones—it is argued—are psychological. The view is developed that strategy, at its core, concerns the development and testing of heuristics for high stake decisions in environments ...
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Capital Gains as Economic Rent
Review of Social Economy, 1989Capital gains occupy an uneasy place in the literature of economics. They are a dominant goal of investor activity, and their pursuit is often said to add to efficiency by stimulating high levels of effort and creativity. Traditionally, capital gains have been lightly taxed in many countries in order to encour?
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SSRN Electronic Journal, 2018
Affordable housing is on the minds of voters and state and local officials across the country. One policy often proposed to temper high rents is rent control. In its most basic form rent control is a government-imposed cap on rent and using it as a means of keeping rents below the market rate is an old idea, dating to at least the 16th century.
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Affordable housing is on the minds of voters and state and local officials across the country. One policy often proposed to temper high rents is rent control. In its most basic form rent control is a government-imposed cap on rent and using it as a means of keeping rents below the market rate is an old idea, dating to at least the 16th century.
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