Abstract
The rent-seeking analysis is extended to cases where there is a subsidy instead of a government provided monopoly. The case where there are both is also covered. In general the analysis is the same as in cases of monopoly, although there are differences in detail.
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References
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Tullock, G. (1997). Where is the rectangle? Public Choice 91: 148–159.
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Tullock, G. Which rectangle?. Public Choice 96, 405–410 (1998). https://doi.org/10.1023/A:1005068806092
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DOI: https://doi.org/10.1023/A:1005068806092