Resource Constraints And Rent Seeking Technology Investment
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Author | : Howard Yang |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : |
Download Resource Constraints and Rent-Seeking Technology Investment Book in PDF, Epub and Kindle
The rise of Artificial Intelligence (AI) technology has brought about the possibility of amplifying and intensifying rent-seeking behavior within firms. This raises the question of whether firms will allocate their resources towards investing in such technology. This paper examines the allocation of resources by an entrant platform between productive and rent-seeking technologies in an attention economy, where the quality of the entrant platform's service depends on both types of technology. The incumbent and entrant platforms compete for user attention, and our study shows that the adoption of rent-seeking technology may harm the service quality of the whole industry: both platforms. Additionally, we discover that the entrant platform may allocate an imbalanced proportion of resources to rent-seeking technologies under specific conditions of resource constraints. Our study provides insights into the determinants influencing resource allocation within attention-based economies. In addition, this paper emphasizes the possible distortions that may arise in the direction of technology innovation.
Author | : Kurt von Seekamm Jr. |
Publisher | : Routledge |
Total Pages | : 81 |
Release | : 2020-11-18 |
Genre | : Business & Economics |
ISBN | : 1000222462 |
Download Rent Seeking and Human Capital Book in PDF, Epub and Kindle
Rent Seeking and Human Capital: How the Hunt for Rents Is Changing Our Economic and Political Landscape explores the debates around rent seeking and contextualizes it within the capitalist economy. It is vital that the field of economics does a better job of analyzing and making policy recommendations that reduce the opportunities and rewards for rent seeking, generating returns from the redistribution of wealth rather than wealth creation. This short and provocative book addresses the key questions: Who are the rent seekers? What do they do? Where do they come from? What are the consequences of rent seeking for the broader economy? And, finally: What should policymakers do about them? The chapters examine the existing literature on rent seeking, including looking at the differences between rent seeking and economic rent. The work provides an in-depth look at the case of the impact of rent seeking degrees in the United States, particularly in business and law, and explores potential policy remedies, such as a wealth tax, changes to the rules on financial transactions, and patent law reform. This text provides an important intervention on rent seeking for students and scholars of heterodox economics, political economy, inequality, and anyone interested in the shape of the modern capitalist economy.
Author | : R. D. Congleton |
Publisher | : Edward Elgar Publishing |
Total Pages | : 553 |
Release | : 2015-02-27 |
Genre | : Business & Economics |
ISBN | : 1782544941 |
Download Companion to the Political Economy of Rent Seeking Book in PDF, Epub and Kindle
The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political econo
Author | : Roger D. Congleton |
Publisher | : Springer Science & Business Media |
Total Pages | : 834 |
Release | : 2008-08-01 |
Genre | : Business & Economics |
ISBN | : 9783540791850 |
Download 40 Years of Research on Rent Seeking 2 Book in PDF, Epub and Kindle
The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appUcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earUer surveys. Volume I contains previously pubhshed research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously published research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 150 |
Release | : 2008 |
Genre | : Technology & Engineering |
ISBN | : 0821375849 |
Download Globalization and Technology Absorption in Europe and Central Asia Book in PDF, Epub and Kindle
Innovation and cross-border absorption of knowledge are central forces behind economic convergence and sustained growth. Absorption of technology is a necessary step to promote the development of human capital and the productive base, paving the way for innovations at the global knowledge frontier. Research and development, patents, trade, and foreign direct investment are major channels of technological absorption, allowing diffusion of new ideas and manufacturing best practices among countries and firms. These channels constitute the central focus of this study. This study uses patent databases, surveys of enterprises, and case studies to investigate how specific channels of absorption molds decision making about technology. Trade and FDI flows show considerable promise as catalysts for the region to upgrade its technology and near the global technology frontier. Econometric analysis using enterprise surveys from all Europe and Central Asia countries helps to understand the conditions and policies that induce firms to incorporate external knowledge and technology into their overall growth strategies.
Author | : François Bourguignon |
Publisher | : |
Total Pages | : 450 |
Release | : 2023-11-22 |
Genre | : Business & Economics |
ISBN | : 1009278509 |
Download State Capture and Rent-Seeking in Benin Book in PDF, Epub and Kindle
Benin is a small, slow-growing economy whose development relies on two sources of rent that are controlled by self-centred elites: cotton export and illegal cross-border trade with Nigeria. Patrimonialism governs Beninese society as a forceful struggle for political power takes place between the oligarchs who control these sources and use them as formidable levers of power. State Capture and Rent-Seeking in Benin argues that this struggle causes the instability and unpredictability of economic policies, resulting in institutional problems that make economic diversification and growth difficult. Based on a thorough account of the economic, social, and political development of Benin, this institutional diagnostic provides a detailed analysis of its critical institution- and development-sensitive areas such as electoral campaign finance, state capture by business and elites, management of the cotton sector, the tax effort, the informal trading between Benin and Nigeria, and the political economy of land reform.
Author | : Elie Virgile Chrysostome |
Publisher | : Routledge |
Total Pages | : 445 |
Release | : 2014-04-16 |
Genre | : Business & Economics |
ISBN | : 1136168842 |
Download Building Businesses in Emerging and Developing Countries Book in PDF, Epub and Kindle
This book focuses on the challenges and opportunities facing companies in emerging and developing countries. China and India have become the primary business destination for many global companies that are looking for market opportunities and low costs of production, whilst Morocco, Dubai, Brazil, Malaysia and Russia are also being targeted. This new edited volume helps develop a better understanding of the realities of doing business in emerging and developing countries, in particular exploring the dynamics between corporations – both indigenous and multinational – and local pressures in developing, transitional and emerging economies. The book points out the benefits and pitfalls of doing business in emerging and developing countries, as well as the adjustments that are necessary for success. It also discusses entrepreneurship in emerging and developing countries, exploring its new realities from women’s entrepreneurship in Muslim countries to social entrepreneurship in developing countries. The volume also points out the new challenges for SMEs of emerging and developing countries in a global competitive environment. Finally, it analyses corporate governance from a local partner perspective and an institutional perspective. Building Businesses in Emerging and Developing Countries will be of interest to business managers, students and researchers involved in international entrepreneurship and corporate governance.
Author | : Christine Ngoc Ngo |
Publisher | : Routledge |
Total Pages | : 219 |
Release | : 2020-03-25 |
Genre | : Business & Economics |
ISBN | : 1317328213 |
Download Rent Seeking and Development Book in PDF, Epub and Kindle
Rent seeking continues to be a topic of much discussion and debate within the political economy. This new study challenges previous assumptions and sets out a new analysis of the dynamics of rent and rent seeking in development, using Vietnam as a case study. This book provides an alternative approach to the study of economic development and illuminates new perspectives in a contemporary context. It argues that not only has there been an incomplete understanding of Vietnam’s industrial development over the last three decades, but that neoclassical economics do not adequately address many of the issues endangering Vietnam’s development. A significant observation of the Vietnamese experience is the analytical view that rents can be developmental and growth enhancing if the configuration of rent management incentivizes industrial upgrade and conditions firm performance. Underlining the need to reexamine how economic actors and the state collaborate through formal and informal institutions, this study fills a gap in the scholarship of the political economy of rent and rent seeking and how rents might be used for developmental purposes.
Author | : Kirk Hamilton |
Publisher | : Oxford University Press |
Total Pages | : 493 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 0198803729 |
Download National Wealth Book in PDF, Epub and Kindle
To understand economics, it is crucial to define wealth, and understand how it is created, destroyed, stored and managed. This edited volume assembles high-quality contributions defining key concepts and addressing economic and policy issues around national wealth.
Author | : Mushtaq Husain Khan |
Publisher | : Cambridge University Press |
Total Pages | : 358 |
Release | : 2000-09-07 |
Genre | : Business & Economics |
ISBN | : 9780521788663 |
Download Rents, Rent-Seeking and Economic Development Book in PDF, Epub and Kindle
The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.