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Article
Rent Seeking: A Textbook Example
Journal of Economic Education (2006)
  • Paul Pecorino, University of Alabama
Abstract

The author argues 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. Because this market is important to students, this example of rent seeking will be of particular interest to them.

Keywords
  • Textbook Market,
  • Rent Seeking,
  • Classroom Example
Disciplines
Publication Date
Summer 2006
Citation Information
Paul Pecorino. "Rent Seeking: A Textbook Example" Journal of Economic Education Vol. 37 (2006)
Available at: http://works.bepress.com/paul_pecorino/35/