Rent Seeking: A Textbook Example

Pecorino, Paul

doi:10.2139/ssrn.496062

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Rent Seeking: A Textbook Example

University of Alabama Economics, Finance and Legal Studies Working Paper No. 04-01-01

16 Pages Posted: 7 Feb 2004

See all articles by Paul Pecorino

Paul Pecorino

University of Alabama - Department of Economics, Finance and Legal Studies

Date Written: January 2004

Abstract

In this paper, it is argued that the college textbook market provides a clear example of monopoly seeking as described by Tullock (1967, 1980). This behavior is also known as rent seeking. Since this market is important to students, this example of rent seeking will be of particular interest to them.

Keywords: Rent seeking, college textbook market

JEL Classification: A22, L12

Suggested Citation: Suggested Citation

Pecorino, Paul, Rent Seeking: A Textbook Example (January 2004). University of Alabama Economics, Finance and Legal Studies Working Paper No. 04-01-01, Available at SSRN: https://ssrn.com/abstract=496062 or http://dx.doi.org/10.2139/ssrn.496062