Construct · 1 fields · 1 citations

rent extraction: a standalone construct

One name. One construct. A landmark on the map.

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Public choice

politicians threatening costly regulation so that firms pay to avoid it, a source of political gain beyond creating rents for interest groups.

In public choice, rent extraction refers to politicians threatening costly regulation so that firms pay to avoid it, a source of political gain beyond creating rents for interest groups. This meaning comes from McChesney (1987) in The Journal of Legal Studies.[1]

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Nearby constructs

agency view of tax avoidance1 fields · 1 citationsanchor · a standalone construct gain4 fields · 4 citationsjingle · one word, four constructs interest4 fields · 5 citationsjingle · one word, four constructs

References

McChesney, F. S. (1987). Rent Extraction and Rent Creation in the Economic Theory of Regulation. The Journal of Legal Studies, 16(1), 101-118. https://doi.org/10.1086/467825

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