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Seeking Rents by Setting Rents: The Political Economy of Rent Seeking

The Economic Journal, 1987
In recent years, there has been a large number of papers on the subject of rent seeking. Most such works on rent seeking have taken the rent as exogenously determined by regulators. Regulators, howeve r, may also be expected (and indeed have been shown) to be rent seeke rs and hence the determination of the rent itself should be endogeniz ed to reflect
Appelbaum, Elie, Katz, Eliakim
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Litigation as rent seeking

SSRN Electronic Journal, 2013
Litigation aims at resolving conflicts. In this chapter we survey the law and economics literature on litigation to illustrate the scope of application of rent-seeking models and their analytical power in the study of law and procedural issues of litigation, including applications in adversarial and inquisitorial procedures, fee-shifting, consolidation
PARISI, FRANCESCO, Luppi, Barbara
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Orchestrating Rent Seeking Contests

The Economic Journal, 1999
Contests have different, sometimes quite complex, organisational structures. In particular, while most of the existing literature focusses on simultaneous contests, multistage contests are also quite frequently encountered. This paper seeks to provide a rationale for the latter by endogenising the choice of a contest structure, which is made by an ...
Gradstein, M., Konrad, K.
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Risk-Averse Rent Seeking With Shared Rents

The Economic Journal, 1987
This paper presents a Nash equilibrium model of rent-seeking behavior in which risk-averse players expend resources to obtain a share of a rent, as for example in contests for import quota licences. Results are obtained relating the equilibrium level of lobbying effort by each player to the value of the rent.
Long, Ngo Van, Vousden, Neil J
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