Rent Seeking: A Textbook Example

Pecorino, Paul

doi:10.3200/jece.37.3.331-339

The Journal of Economic Education

2006

DOI: 10.3200/jece.37.3.331-339

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Rent Seeking: A Textbook Example

Paul Pecorino

Abstract: In this paper, it is argued that the college textbook market provides a clear example of monopoly seeking as described by Tullock (1967Tullock ( , 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.

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Cited by 2 publications

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Rent-seeking in the classroom and textbooks: Where are we after 50 years?

2018

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In this paper we provide an overview of Tullock's work on rent-seeking in the area of economics education. After summarizing the basic rent-seeking model in both a domestic and international context, we conduct an analysis of undergraduate and graduate texts in public economics. We find a majority of undergraduate texts cover rent-seeking in depth, but two texts provide zero coverage. No graduate textbook surveyed mentions rent-seeking. We conclude by summarizing the economic education literature on rent-seeking, which can be divided into either classroom experiments or popular culture examples.

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Rent-seeking in the classroom and textbooks: Where are we after 50 years?

2018

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Eliminating the Textbook: Learning Science With Cell Phones

Tessier

2014

Journal of College Science Teaching

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Rent Seeking: A Textbook Example

Cited by 2 publications

References 7 publications

Rent-seeking in the classroom and textbooks: Where are we after 50 years?

Rent-seeking in the classroom and textbooks: Where are we after 50 years?

Eliminating the Textbook: Learning Science With Cell Phones

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