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Monopoly deregulation in the presence of Tullock activities

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  • Raul Fabella

Abstract

We give the condition for a welfare improving monopoly deregulation when the decision making process cannot be insulated from Tullock activities and players are risk neutral. Copyright Kluwer Academic Publishers 1989

Suggested Citation

  • Raul Fabella, 1989. "Monopoly deregulation in the presence of Tullock activities," Public Choice, Springer, vol. 62(3), pages 287-293, September.
    • Handle: RePEc:kap:pubcho:v:62:y:1989:i:3:p:287-293
    DOI: 10.1007/BF02337746
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    References listed on IDEAS

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    1. Bhagwati, Jagdish N, 1982. "Directly Unproductive, Profit-seeking (DUP) Activities," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 988-1002, October.
    2. Gordon Tullock, 1984. "Long-run equilibrium and total expenditures in rent-seeking: A comment," Public Choice, Springer, vol. 43(1), pages 95-97, January.
    3. Hillman, Arye L & Katz, Eliakim, 1984. "Risk-Averse Rent Seekers and the Social Cost of Monopoly Power," Economic Journal, Royal Economic Society, vol. 94(373), pages 104-110, March.
    4. Elie Appelbaum & Eliakim Katz, 2008. "Seeking Rents by Setting Rents: The Political Economy of Rent Seeking," Springer Books, in: Roger D. Congleton & Arye L. Hillman & Kai A. Konrad (ed.), 40 Years of Research on Rent Seeking 1, pages 555-569, Springer.
    5. Appelbaum, Elie & Katz, Eliakim, 1986. "Rent seeking and entry," Economics Letters, Elsevier, vol. 20(3), pages 207-212.
    6. Unknown, 1986. "Letters," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 1(4), pages 1-9.
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    Cited by:

    1. Bertrand Quélin & Jean-Philippe Bonardi, 1999. "From Rent-Seeking Activities to Economic Activities: The Strategic Transformation of the Deregulated Firm," Working Papers hal-00598228, HAL.
    2. Appelbaum, Elie & Katz, Eliakim, 1986. "Rent seeking and entry," Economics Letters, Elsevier, vol. 20(3), pages 207-212.
    3. Fabella, Raul V., 1995. "The social cost of rent seeking under countervailing opposition to distortionary transfers," Journal of Public Economics, Elsevier, vol. 57(2), pages 235-247, June.

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