| 書目名稱 | Efficient Rent-Seeking | | 副標(biāo)題 | Chronicle of an Inte | | 編輯 | Alan A. Lockard,Gordon Tullock | | 視頻video | http://file.papertrans.cn/304/303001/303001.mp4 | | 圖書封面 |  | | 描述 | Some time ago one of the editors (Gordon Tullock) stumbled on aparadox in the competition for rents. He asked a previous researchassistant (William Hunter) to work out some examples and gave aseminar on it. For reasons he cannot recall (but probably bad) hetitled his talk `Efficient Rent Seeking‘. As Editor of Public Choicehe was able to publish without a referee. Incidentally, The Journal ofPolitical Economy had turned it down on the grounds that the economycould not be that chaotic, and hence there must be something wrongeven if the referee couldn‘t put his finger on it. .There followed a long series of articles, mainly in Public Choice, inwhich various distinguished scholars proposed solutions to theparadox. The editor responded by finding fault with these solutions.In this case the editor was arguing against interest. He, like thereferee for the JPE, believed that the market works, if not perfectly,at least very well. Nevertheless, the paradox resisted and persisted.It was like the paradox of the liar, and indeed in some cases did showexactly that paradox..Eventually everyone, including the editor, grew tired of the matterand the discussion sort of wound down, although it could | | 出版日期 | Book 2001 | | 關(guān)鍵詞 | economics; equilibrium; modeling; public choice; strategy | | 版次 | 1 | | doi | https://doi.org/10.1007/978-1-4757-5055-3 | | isbn_softcover | 978-1-4419-4866-3 | | isbn_ebook | 978-1-4757-5055-3 | | copyright | Springer Science+Business Media New York 2001 |
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