2002•Palgrave Macmillan UK eBooksRequires access

Rent from Regulation

Fred S. McChesney

Abstract

The very notion of ‘rents from regulation’ (i.e. rents caused by regulation) indicates how radically economic thinking on regulation itself has evolved in the past generation. A dictionary of economics and the law thirty or forty years ago would have discussed the reverse concept: ‘regulation caused by rents’. This essay considers why rents and regulation have been transposed causally in economic thinking.

About this research paper

What this paper is about

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Economic rent, Economics, Rent-seeking, Environmental regulation, Neoclassical economics, Public economics, Microeconomics, Law