Concept information
Preferred term
rent-seeking
Definition
- Rent-seeking, broadly conceived, is the allocation of resources by people or organizations in the pursuit of rents created by the government. The conceptual framework of rent-seeking emphasizes the net welfare loss to society because of intervention failure. [Source: The Encyclopedia of Political Science; Rent-seeking]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/rent-seeking
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