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The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appUcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earUer surveys. Volume I contains previously pubhshed research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously published research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.
The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political econo
The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appHcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earlier surveys. Volume I contains previously published research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously pubHshed research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.
In the last decade, observers of Western governments have become increasingly concerned about an apparent crisis of democracy. They argue that endemic corruption, inadequate services, and increasing voter disaffection have produced a dire result: a global resurgence of authoritarianism. The political climate surrounding the 2016 presidential election in the United States has only reinforced the perception of democratic crisis. In Four Crises of American Democracy, Alasdair Roberts locates the U.S.'s recent bout of democratic malaise in a larger context, arguing that it is the latest in a series of very different crises that have plagued America throughout the entire post-Civil War era. He focuses on four crises, describing the features of each and outlining solutions the government adopted in response. The first crisis-the "crisis of representation"-occurred in the late nineteenth and early twentieth centuries, and was dominated by fears of plutocracy and debates about the rights of African Americans, women, and immigrants. The "crisis of mastery" spanned the years 1917-1948, and focused on building administrative capabilities so that government could better manage both an increasingly complex economy and volatile international system. The "crisis of discipline," beginning in the 1970s, was triggered by the perception that voters and special interests were overloading governments with unreasonable demands, and the response was to limit government's reach. The current crisis, what Roberts calls the "crisis of anticipation," is ongoing. Roberts pronounces it a future-oriented crisis, preoccupied with the capacity of democratic systems to deal with long-term problems such the rise of China and climate change. Roberts suggests that democratic solutions to this present crisis will win out over more authoritarian ones, as occurred in previous crises. Features like societal openness and pragmatism give the democratic model a distinct advantage. A powerful account of how successive crises have shaped American democracy, this is essential reading for anyone interested in the forces driving the current democratic malaise both in the U.S. and around the world.
The Handbook examines the most important issues that arise in antitrust economics. Leading scholars in the field provide detailed critical analysis of developments across a number of different antitrust topics along with a detailed review of the literature. The Handbook is invaluable as a research and teaching tool.
This handbook covers various areas of Higher Education (HE) in which operations research/management science (OR/MS) techniques are used. Key examples include: international comparisons, university rankings, and rating academic efficiency with Data Envelopment Analysis (DEA); formulating academic strategy with balanced scorecard; budgeting and planning with linear and quadratic models; student forecasting; E-learning evaluation; faculty evaluation with questionnaires and multivariate statistics; marketing for HE; analytic and educational simulation; academic information systems; technology transfer with systems analysis; and examination timetabling. Overviews, case studies and findings on advanced OR/MS applications in various functional areas of HE are included.
Contests are prevalent in many areas, including sports, rent seeking, patent races, innovation inducement, labor markets, scientific projects, crowdsourcing and other online services, and allocation of computer system resources. This book provides unified, comprehensive coverage of contest theory as developed in economics, computer science, and statistics, with a focus on online services applications, allowing professionals, researchers and students to learn about the underlying theoretical principles and to test them in practice. The book sets contest design in a game-theoretic framework that can be used to model a wide-range of problems and efficiency measures such as total and individual output and social welfare, and offers insight into how the structure of prizes relates to desired contest design objectives. Methods for rating the skills and ranking of players are presented, as are proportional allocation and similar allocation mechanisms, simultaneous contests, sharing utility of productive activities, sequential contests, and tournaments.
This path-breaking Handbook analyses the foundations, social desirability, institutions and geography of innovation and entrepreneurship. Leading researchers use their outstanding expertise to investigate various aspects in the context of innovation and entrepreneurship such as growth, knowledge production and spillovers, technology transfer, the organization of the firm, industrial policy, financing, small firms and start-ups, and entrepreneurship education as well as the characteristics of the entrepreneur. There is much in this Handbook that will prove to be informative and stimulating, especially for academics and post-graduate students in economics and management. Those starting a PhD in innovation or entrepreneurship will find this book essential reading.
Contents Louis M. Imbeau Testing the 'Veil of Ignorance'Hypothesis in Constitutional Choice: A "Walk-Talk" Approach Geneviève Tellier Explaining Growth of Public Revenue: An Empirical Investigation of Canadian Provinces Rachel L. Mathers The Spillover Benefits of AIDS Prevention Agnieszka Bielinska-Kwapisz What Determines Excise Tax Rates? Reviews
Kyrgyzstan is an interesting example of a relatively weak state, which for its brief period of independence has already ousted two presidents, experienced two revolutions, survived two interethnic conflicts and yet remained intact. This book explores this apparent paradox and argues that the schism between domestic and international dimensions of state and regime security is key to understanding the nature of Kyrgyz politics. The book shows how the foreign policy links to the Manas Air Base, used by the US military and essential for supplying their forces in Afghanistan, the economic arrangements necessary for sustaining the base, both inside and outside Kyrgyzstan, and the myriad of different actors involved in all this, combined to overshadow points of friction to ensure stable continuance of the status quo. Overall, the book shows how broad geopolitical forces and complex local factors together have a huge impact on the formation of Kyrgyz foreign policy.