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The social cost of rent-seeking: First estimates

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Authors and Affiliations

  1. Department of Economics, Clemson University, 222 Sirrine Hall, 29634-1309, Clemson, SC

    David N. Laband & John P. Sophocleus

Authors
  1. David N. Laband
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  2. John P. Sophocleus
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Additional information

The editor of the journal has accepted and published this article because he feels it is important to get research started in the area. The weaknesses of Laband's approach, which are fully recognized by Laband, are obvious, but the editor at the moment can think of no way of doing better. Can the readers do better than both Laband and the editor?

The assistance of Robert E. McCormick and Charles Diamond is gratefully acknowledged. We reluctantly claim property rights to remaining errors.

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Laband, D.N., Sophocleus, J.P. The social cost of rent-seeking: First estimates. Public Choice 58, 269–275 (1988). https://doi.org/10.1007/BF00155672

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