Regulated Prices, Rent-Seeking, and Consumer Surplus
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- Jeremy Bulow & Paul Klemperer, 2012. "Regulated Prices, Rent Seeking, and Consumer Surplus," Journal of Political Economy, University of Chicago Press, vol. 120(1), pages 160-186.
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More about this item
KeywordsPrice Control; Rationing; Allocative Efficiency; Microeconomic Theory; Marginal Revenue; Minimum Wage; Rent Control; Consumer Welfare; Rent Seeking;
- D45 - Microeconomics - - Market Structure, Pricing, and Design - - - Rationing; Licensing
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- D6 - Microeconomics - - Welfare Economics
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-06-25 (All new papers)
- NEP-COM-2012-06-25 (Industrial Competition)
- NEP-MIC-2012-06-25 (Microeconomics)
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