1) Factor of production
Found on
https://www.crosswordclues.com/clue/rent-seeking
In economics (see public choice theory), rent-seeking is spending wealth on political lobbying to increase one`s share of existing wealth without creating wealth. The effects of rent-seeking are reduced economic efficiency through poor allocation of resources, reduced wealth creation, lost government revenue, increased income inequality, and nati....
Found on
http://en.wikipedia.org/wiki/Rent-seeking
The using up of real resources in an effort to secure the rights to economic rents that arise from government policies. In international economics the term usually refers to efforts to obtain quota rents. Term introduced by Krueger 1974.
Found on
http://www-personal.umich.edu/~alandear/glossary/r.html
Rent-seeking means a search for extraordinary profits, beyond the normal returns to investment. It often implies putting someone else at a disadvantage. See rents and quasi-rents.
Found on
http://www.econterms.com/glossary.cgi?query=rent-seeking
No exact match found.
