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We investigate both theoretically and experimentally the role that information disclosure has on behavior in all pay environments in which all agents must exert costly effort, but only the winner is ...
We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rentseeking activities, where private r...
PITTSBURGH—The need to divide things among people is an aspect of daily life filled with potential pitfalls. Whether the deal involves land, an inheritance or credit for an idea, a split perceived as ...
We measure the capitalization of housing market externalities into residential housing values by studying the unanticipated elimination of stringent rent controls in Cambridge, Massachusetts, in 1995...
In this paper we show that rent sharing plays a role in explaining the glass ceiling effect. We make use of a unique employer-employee panel database for Italy from 1996 to 2003, which allows controll...
It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a ...
This article applies a novel approach to analysis of the transition to the market economy in Vietnam, a country with a political economy that draws upon South-East Asian, Sinic and Leninist cultural e...
Historical literature on the causes of the Pacific War generally focuses on either international relationships between the great powers in the interwar period or on the role of domestic interest grou...
The price of agricultural land and its value are of importance when forming the production potential of agricultural enterprises. The price of land marked an irregular development in the period 2006–2...
1Rent, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances of the land. In adjusting the terms of the lease, the l...
Introduction The developing literature on rent seeking has added a new dimension tomeasurement ofthe welfare cost ofgovernment redistributive activity, particularly that which emerges in the form o...
The role ofentrepreneurship has never been far below the surface in discussions of rent seeking. In both market and nonmarket institutions, competition is ever-present; and since Adam Smith, the har...
Competition for resources existed in South Africa long before the arrival of Europeans. Ethnic groups fought each other for control of land use rights. The fighting was centered around the right to ...
Any significant government intervention beyond the limits defined by the minimal or protective state will counter, indeed may block, the dissipation of rents (Buchanan 1980: 7). Rent-seeking activit...
A copious body of theoretical literature has developed that maintains that rent-seeking activity (RSA) inhibits economic growth by diverting resources from productive uses (Buchanan 1980; Tollis...

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