The Economics Analysis of Renting-seeking Action
Xiaodi Xu
Abstract
Xiaodi Xu
Abstract
By modelling rent-seeking activity,the paper concludes that if only the governmental intervention exists,the economic-man may put in resource to get the protected marginal profit limited by government.The main way of governing rent-seeking is to reduce the governmental excessive interference and promote the officials' standard properly and constitute powerful supervisory mechanism.
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By modelling rent-seeking activity,the paper concludes that if only the governmental intervention exists,the economic-man may put in resource to get the protected marginal profit limited by government.The main way of governing rent-seeking is to reduce the governmental excessive interference and promote the officials' standard properly and constitute powerful supervisory mechanism.
Key concepts: Rent-seeking, Economic interventionism, Public economics, Renting, Intervention (counseling), Government (linguistics), Economics, Microeconomics