Analysis of Administrative Monopoly And Government Rent-Seeking
Zhou Xiao-hong
Abstract
Zhou Xiao-hong
Abstract
Administrative monopoly is a kind of state behavior in the form of public power abused by administrative subject for its own benefits,which hinders,limits and rejects market competition.Administrative monopoly has not only common disadvantages of monopoly,but also serious harms——Government Rent-Seeking.In view of this,the most useful methods against Government Rent-Seeking shall be anti-administrative monopoly and government behavior regulation.
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Administrative monopoly is a kind of state behavior in the form of public power abused by administrative subject for its own benefits,which hinders,limits and rejects market competition.Administrative monopoly has not only common disadvantages of monopoly,but also serious harms——Government Rent-Seeking.In view of this,the most useful methods against Government Rent-Seeking shall be anti-administrative monopoly and government behavior regulation.
Key concepts: Monopoly, Rent-seeking, Government (linguistics), Competition (biology), State (computer science), Natural monopoly, Public economics, Business