Rational Choice Theory
type: Concept
narrower: rent seeking

concepts
type: Collection
type: ConceptGroup
member: rent seeking

libertarianism and policy
type: Concept
narrower: rent seeking

rent seeking
type: Concept
broader: Rational Choice Theory
broader: libertarianism and policy
definition: Rent seeking is the competition for politically protected transfers of wealth. The typical rent-seeking scenario includes a “prize” and a set of actors that create, capture, and finance the prize. [Source: Encyclopedia of Governance; Rent Seeking]