๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Public Goods, Redistribution and Rent Seeking

โœ Scribed by Gordon Tullock

Book ID
127400266
Publisher
Edward Elgar Publishing
Year
2005
Tongue
English
Weight
1001 KB
Series
The Locke Institute Series
Category
Library
ISBN
1845424689

No coin nor oath required. For personal study only.

โœฆ Synopsis

Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new look at how governments and externalities are linked. Economists frequently justify government as dealing with externalities, defined as benefits or costs that are generated as the result of an economic activity, but that do not accrue directly to those involved in the activity. In this original work, Gordon Tullock posits that government can also create externalities. In doing so, he looks at governmental activity that internalizes such externalities.

๐Ÿ“œ SIMILAR VOLUMES

Rent-Seeking for Pure Public Goods
Rent-Seeking for Pure Public Goods
โœ Eliakim Katz, Shmuel Nitzan and Jacob Rosenberg ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer US ๐ŸŒ English โš– 993 KB
Rent-seeking for pure public goods
Rent-seeking for pure public goods
โœ Eliakim Katz; Shmuel Nitzan; Jacob Rosenberg ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer US ๐ŸŒ English โš– 539 KB

In this paper we present a formal analysis of rent-seeking for public goods by two or more groups with different numbers of individuals. We begin by considering equally wealthy groups under risk neutrality, a case which constitutes our basic model. Several surprising and interesting results emerge f