Statements (15)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_paradox
|
| gptkbp:describes |
the observation that the cost of rent-seeking is often much less than the potential gains from rent-seeking
|
| gptkbp:explains |
why rent-seeking expenditures are often lower than the value of the rents themselves
|
| gptkbp:field |
public choice theory
rent-seeking |
| gptkbp:firstDescribed |
The Welfare Costs of Tariffs, Monopolies, and Theft (1967)
|
| gptkbp:namedAfter |
gptkb:Gordon_Tullock
|
| gptkbp:proposedBy |
gptkb:Gordon_Tullock
|
| gptkbp:relatedTo |
public choice
rent-seeking economic incentives |
| gptkbp:type |
economists studying rent dissipation
|
| gptkbp:bfsParent |
gptkb:Tullock_paradox
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Tullock's paradox
|