English - Turkish
Definition of rent-seeking in English Turkish dictionary
- (Ticaret) rant kollama
- (Ticaret) rant arama
- monopoly rent seeking
- (Ticaret) tekelci rant arayışı
- rent seeking society
- (Ticaret) rant yaratan toplum
Related Terms
English - English
Definition of rent-seeking in English English dictionary
- (Ekonomi) In economics, rent seeking occurs when an individual, organization, or firm seeks to make money by manipulating the economic and/or legal environment rather than by making a profit through trade and production of wealth. The term comes from the notion of economic rent, but in modern use of the term, rent seeking is more often associated with government regulation and misuse of governmental authority than with land rents
- The attempt to profit by manipulating the economic or political environment, especially by the use of subsidies
- The activity of attempting to create a monopoly
- Competition for favors from the government; or, the use of time, money, and other resources in pursuit of government benefits (spending, tax changes, or regulations targeted to some special-interest group) (p 344, 826)
- The pursuit of government policies or programs that transfer income to one person or group at the expense of others
- the name given to behavior that seeks to obtain benefits from favorable government decisions, such as protection from foreign competition