Living Economics
Home
Opus1 Journal
Flash Econ
Ulogistics
About Us
Microeconomics: Rent Seeking
Race Day Payoff
(5/8/2003)
Because of their scarcity value, prizes often induce wasteful resource expenditures among competitors that collectively may exceed the face value of the prizes.
The Logic of Collective Action
(12/21/2001)
Narrow special interests are often more politically powerful because they are easier to organize and the benefits of membership exceed the cost of participation.
Access Tools
• Advanced Search
Any Words
All Words
Exact
Key Words
Title
Description
Full Text
Display
5
10
15
20
All
per page.
Sorted by
Title
Date Published
• Browse Micro
Comparative advantage (14)
Competitive strategy (27)
Costs and opportunities (53)
Entrepreneurship (3)
Externality (29)
Free Market Solutions (17)
Free Ridership (3)
Game Theory (22)
Incentives (13)
Income Distribution (25)
Information (20)
Labor Market (24)
Marginal optimization (33)
Market Demand (17)
Market Entry (9)
Market Exit (2)
Market Intervention (12)
Market Structure (29)
Market supply (4)
Material Flow (2)
Miscellaneous (3)
Price Discrimination (17)
Pricing Strategy (47)
Profit maximization (48)
Property Rights (43)
Regulation (16)
Rent Seeking (2)
Risk Taking (12)
Scarcity (10)
Tastes & Preferences (31)
Taxes (7)
Technology (9)
Type of goods (31)
What Price Means (28)
• Browse Macro
Boom and Bust (9)
Budget Balance (12)
Comparative advantage (13)
Economic Development (1)
Economic Indicators (6)
Fiscal Policy (12)
Incentives (1)
Income and output (25)
Income Distribution (5)
Labor Market (6)
Money and Credit (20)
Regulation (5)
Rent Seeking (1)
Saving (6)
Taxes (4)
Technology (1)
Trade and Foreign Exchange (30)
• Glossary
List All
Search
• Microeconomics Lectures
• Macroeconomics Lectures
• Economics Cartoons
Instructor
• Instructor Log in
• Sample TOC
• Video Tour
Student
• Student Log in
Instructor Log in
User Name:
Password:
Class
Student Log in
Instructor:
Class:
- Select Class -
Password: