Article ID Journal Published Year Pages File Type
5060261 Economics Letters 2012 4 Pages PDF
Abstract

The ratio of within-group to between-group fighting is shown to be unrealistically high for the collective rent seeking model when agents exert two efforts i.e. within-group and between-group efforts. The ratio is more realistic for the production and conflict model. Six economics examples illustrate the unrealistic implications of rent seeking analysis.

► Critique of within-group to between-group fighting ratio in collective rent seeking. ► The ratio is more realistic for the production and conflict model. ► Six economics examples illustrate the unrealistic implications of rent seeking analysis.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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