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.
- Textbook Market,
- Rent Seeking,
- Classroom Example
Available at: http://works.bepress.com/paul_pecorino/35/