Knowledge

Rent-setting

Source 📝

175:
The concept of rent-setting was coined by Appelbaum and Katz in 1987. This theory holds that since the regulator itself may become a rent-seeker, the rent-seeker itself will become a rent-setter and thus endogenously determine the size of the rent.
182:
In a 'power-money' transaction, rent-setting is from 'power' to 'money', while rent-seeking is often 'money-power-money increment'. In fact, rent seeking and rent setting are two sides of the same behavior and cannot be separated.
1145: 972: 474: 179:
Rent-setting is part of the chain of the rent-seeking process. It can generally be divided into three types: unintentional rent-setting, passive rent-setting and active rent-setting.
1267: 1206: 1064: 1023: 1005: 1041: 1174: 1277: 1257: 1315: 1150: 994: 1162: 1058: 1092: 1134: 999: 1222: 1139: 172:
opportunities for certain market entities. In short, it means that the power itself committed an act in order to take a bribe.
1086: 1028: 957: 457: 430: 399: 346: 315: 288: 257: 1305: 1300: 1081: 1011: 542: 249: 1227: 1122: 1116: 952: 1128: 1052: 1320: 1310: 1217: 1330: 1017: 1360: 1335: 1104: 1098: 570: 141: 76: 1370: 1365: 1212: 1110: 1070: 133: 62: 1272: 1262: 1156: 1046: 601: 161: 338: 967: 1295: 772: 988: 725: 535: 387:
An Economic Analysis of Financial Corruption in China: Institutions, Behavior and Mechanism Design
606: 509: 737: 1237: 416: 274: 243: 962: 742: 705: 385: 332: 280: 227: 660: 585: 504: 363: 8: 767: 528: 1168: 850: 710: 655: 165: 898: 845: 673: 668: 580: 485: 453: 426: 395: 391: 342: 311: 284: 253: 1232: 942: 913: 800: 730: 720: 700: 99: 1189: 893: 888: 565: 447: 305: 197: 947: 903: 820: 222: 1354: 867: 810: 489: 202: 908: 855: 815: 715: 685: 636: 192: 169: 106: 872: 830: 825: 790: 757: 640: 1325: 1146:
Commission for the Prevention of Corruption of the Republic of Slovenia
840: 795: 752: 551: 449:
Rule of law basis for property rights reform of state-owned enterprises
241: 157: 153: 762: 690: 650: 631: 422: 835: 805: 575: 276:
The Economics of Transaction Costs: Theory, Methods and Application
747: 645: 475:"An economic analysis of rent setting and rent seeking behaviour" 245:
Real and Financial Economic Dynamics in Russia and Eastern Europe
168:, resulting in the formation of new economic rents and creating 1075: 364:"Distinguish between a good hospital and a bad one, then what?" 242:
Timothy Lane; Nina Oding; Paul J.J. Welfens (6 December 2012).
1035: 695: 520: 680: 1071:
Special Investigation Service of the Republic of Lithuania
334:
Study of Communication Failure in Chinese Financial Media
1268:
International Association of Anti-Corruption Authorities
414: 379: 377: 1065:
Governance and Economic Management Assistance Program
1024:
Independent Commission Against Corruption (Hong Kong)
111: 1006:
Anti-corruption and Economic Malpractice Observatory
374: 1207:
Citizen's Charter and Grievance Redressal Bill 2011
1352: 439: 1175:Central Steering Committee for Anti-Corruption 1042:Fiji Independent Commission Against Corruption 973:UNCAC Coalition of Civil Society Organisations 383: 536: 415:Tak-Wing Ngo; Yongping Wu (4 December 2008). 297: 81: 67: 1278:United Nations Convention against Corruption 1258:Inter-American Convention Against Corruption 235: 1316:Movement for Peace with Justice and Dignity 1151:Anti-Corruption and Civil Rights Commission 995:Australian Criminal Intelligence Commission 505:"It is capital, not power, that seeks rent" 445: 1163:National Anti-Corruption Bureau of Ukraine 1059:Corruption Prevention and Combating Bureau 543: 529: 502: 472: 361: 324: 303: 1093:Independent Corrupt Practices Commission 408: 1135:Sierra Leone Anti-corruption Commission 1000:Anti-Corruption Commission (Bangladesh) 330: 1353: 1223:Freedom of information laws by country 1140:Corrupt Practices Investigation Bureau 272: 266: 1087:Anti-Corruption Commission of Myanmar 1029:Commission Against Corruption (Macau) 958:International Anti-Corruption Academy 524: 1306:2012 Indian anti-corruption movement 1301:2011 Indian anti-corruption movement 1082:Malaysian Anti-Corruption Commission 1012:National Anti-Corruption Observatory 1228:The Lokpal and Lokayuktas Act, 2013 1123:National Anticorruption Directorate 1117:Anti-Corruption General Directorate 310:. China Economic Publishing House. 13: 953:Group of States Against Corruption 14: 1382: 1129:Investigative Committee of Russia 1321:Russian anti-corruption campaign 1311:Anti-austerity movement in Spain 1218:Foreign Extortion Prevention Act 1157:Servicio de Vigilancia Aduanera 1018:National Supervisory Commission 496: 466: 307:The Next Step in China's Reform 223:"Revisiting progressive reform" 132:(also spelled as rent setting; 1105:Investigation Task Force Sweep 1099:National Accountability Bureau 571:Corruption in local government 559:Corruption in different fields 550: 355: 215: 145: 137: 112: 82: 68: 1: 1213:Foreign Corrupt Practices Act 1111:Central Anticorruption Bureau 208: 16:Political corruption in China 1273:OECD Anti-Bribery Convention 1263:International asset recovery 1047:Central Vigilance Commission 602:Corruption Perceptions Index 473:Chen Yijin (April 7, 1994). 452:. Standards Press of China. 7: 1331:2017–2019 Romanian protests 339:China Social Sciences Press 186: 10: 1387: 1336:2017–2018 Russian protests 968:Transparency International 943:Global Financial Integrity 273:P. Rao (3 December 2002). 1296:2011 Azerbaijani protests 1286: 1246: 1197: 1188: 981: 935: 926: 881: 783: 773:Offshore financial centre 624: 615: 594: 576:Interest group corruption 558: 503:Li Beifang (2016-08-18). 482:Economic Research Journal 384:Xie Ping; Lu Lei (2005). 362:Chen Yijin (2016-05-07). 123: 105: 98: 93: 89: 75: 61: 57: 52: 40: 32: 24: 1238:Whistleblower protection 726:Cryptocurrency and crime 152:, refers to the act of 77:Traditional Chinese 607:Economics of corruption 331:Shi Yan (1 June 2014). 63:Simplified Chinese 1233:UK Bribery Act of 2010 989:Oficina Anticorrupción 738:Noble cause corruption 595:Measures of corruption 1361:Factors of production 963:Mo Ibrahim Foundation 743:Professional courtesy 706:Honest services fraud 418:Rent Seeking in China 281:Palgrave Macmillan UK 228:The Economic Observer 1371:Public choice theory 1366:Political corruption 927:Institutions dealing 661:Conflict of interest 586:Political corruption 446:Luo Zhixian (2002). 164:to intervene in the 768:Offshore investment 142:traditional Chinese 21: 1169:Warioba Commission 1107:(Papua New Guinea) 851:Regulatory capture 656:Commercial bribery 304:Chi Fulin (2002). 134:simplified Chinese 28:Appelbaum and Katz 19: 1348: 1347: 1344: 1343: 1184: 1183: 922: 921: 899:Election security 846:Political scandal 581:Police corruption 459:978-7-5066-2991-1 432:978-1-134-03441-3 425:. pp. 193–. 401:978-7-5086-0374-2 348:978-7-5161-4572-2 317:978-7-5017-5699-5 290:978-0-230-59768-6 283:. pp. 102–. 259:978-3-642-55512-1 252:. pp. 181–. 148:), also known as 127: 126: 119: 118: 100:Standard Mandarin 48: 47: 1378: 1195: 1194: 933: 932: 914:Vote suppression 801:Crony capitalism 731:Hawala and crime 721:Money laundering 701:Graft (politics) 681:Confidence trick 622: 621: 616:Forms or aspects 545: 538: 531: 522: 521: 515: 514: 500: 494: 493: 479: 470: 464: 463: 443: 437: 436: 412: 406: 405: 394:. pp. 82–. 381: 372: 371: 359: 353: 352: 341:. pp. 50–. 328: 322: 321: 301: 295: 294: 270: 264: 263: 239: 233: 232: 219: 147: 139: 115: 114: 91: 90: 85: 84: 71: 70: 50: 49: 22: 18: 1386: 1385: 1381: 1380: 1379: 1377: 1376: 1375: 1351: 1350: 1349: 1340: 1288: 1282: 1250: 1248: 1242: 1199: 1190:Anti-corruption 1180: 977: 929:with corruption 928: 918: 894:Electoral fraud 889:Ballot stuffing 877: 779: 617: 611: 590: 566:Corporate crime 554: 549: 519: 518: 501: 497: 477: 471: 467: 460: 444: 440: 433: 413: 409: 402: 382: 375: 360: 356: 349: 329: 325: 318: 302: 298: 291: 271: 267: 260: 240: 236: 221: 220: 216: 211: 198:Rent extraction 189: 17: 12: 11: 5: 1384: 1374: 1373: 1368: 1363: 1346: 1345: 1342: 1341: 1339: 1338: 1333: 1328: 1323: 1318: 1313: 1308: 1303: 1298: 1292: 1290: 1284: 1283: 1281: 1280: 1275: 1270: 1265: 1260: 1254: 1252: 1244: 1243: 1241: 1240: 1235: 1230: 1225: 1220: 1215: 1210: 1203: 1201: 1192: 1186: 1185: 1182: 1181: 1179: 1178: 1172: 1166: 1160: 1154: 1148: 1143: 1137: 1132: 1126: 1120: 1114: 1108: 1102: 1096: 1090: 1084: 1079: 1073: 1068: 1062: 1056: 1050: 1044: 1039: 1033: 1032: 1031: 1026: 1015: 1009: 1003: 997: 992: 985: 983: 979: 978: 976: 975: 970: 965: 960: 955: 950: 948:Global Witness 945: 939: 937: 930: 924: 923: 920: 919: 917: 916: 911: 906: 904:Gerrymandering 901: 896: 891: 885: 883: 879: 878: 876: 875: 870: 865: 864: 863: 853: 848: 843: 838: 833: 828: 823: 821:Ghost soldiers 818: 813: 808: 803: 798: 793: 787: 785: 781: 780: 778: 777: 776: 775: 770: 760: 755: 750: 745: 740: 735: 734: 733: 728: 718: 713: 708: 703: 698: 693: 688: 683: 678: 677: 676: 671: 663: 658: 653: 648: 643: 634: 628: 626: 619: 613: 612: 610: 609: 604: 598: 596: 592: 591: 589: 588: 583: 578: 573: 568: 562: 560: 556: 555: 548: 547: 540: 533: 525: 517: 516: 495: 465: 458: 438: 431: 407: 400: 373: 354: 347: 323: 316: 296: 289: 265: 258: 234: 213: 212: 210: 207: 206: 205: 200: 195: 188: 185: 125: 124: 121: 120: 117: 116: 109: 103: 102: 96: 95: 94:Transcriptions 87: 86: 79: 73: 72: 65: 59: 58: 55: 54: 46: 45: 42: 38: 37: 34: 30: 29: 26: 15: 9: 6: 4: 3: 2: 1383: 1372: 1369: 1367: 1364: 1362: 1359: 1358: 1356: 1337: 1334: 1332: 1329: 1327: 1324: 1322: 1319: 1317: 1314: 1312: 1309: 1307: 1304: 1302: 1299: 1297: 1294: 1293: 1291: 1285: 1279: 1276: 1274: 1271: 1269: 1266: 1264: 1261: 1259: 1256: 1255: 1253: 1247:International 1245: 1239: 1236: 1234: 1231: 1229: 1226: 1224: 1221: 1219: 1216: 1214: 1211: 1208: 1205: 1204: 1202: 1196: 1193: 1191: 1187: 1176: 1173: 1170: 1167: 1164: 1161: 1158: 1155: 1153:(South Korea) 1152: 1149: 1147: 1144: 1141: 1138: 1136: 1133: 1130: 1127: 1124: 1121: 1118: 1115: 1112: 1109: 1106: 1103: 1100: 1097: 1094: 1091: 1088: 1085: 1083: 1080: 1077: 1074: 1072: 1069: 1066: 1063: 1060: 1057: 1054: 1051: 1048: 1045: 1043: 1040: 1037: 1034: 1030: 1027: 1025: 1022: 1021: 1019: 1016: 1013: 1010: 1007: 1004: 1001: 998: 996: 993: 990: 987: 986: 984: 980: 974: 971: 969: 966: 964: 961: 959: 956: 954: 951: 949: 946: 944: 941: 940: 938: 936:International 934: 931: 925: 915: 912: 910: 907: 905: 902: 900: 897: 895: 892: 890: 887: 886: 884: 880: 874: 871: 869: 868:State capture 866: 862: 859: 858: 857: 854: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 824: 822: 819: 817: 814: 812: 811:Elite capture 809: 807: 804: 802: 799: 797: 794: 792: 789: 788: 786: 782: 774: 771: 769: 766: 765: 764: 761: 759: 756: 754: 751: 749: 746: 744: 741: 739: 736: 732: 729: 727: 724: 723: 722: 719: 717: 714: 712: 709: 707: 704: 702: 699: 697: 694: 692: 689: 687: 684: 682: 679: 675: 672: 670: 667: 666: 664: 662: 659: 657: 654: 652: 649: 647: 644: 642: 638: 635: 633: 630: 629: 627: 623: 620: 618:of corruption 614: 608: 605: 603: 600: 599: 597: 593: 587: 584: 582: 579: 577: 574: 572: 569: 567: 564: 563: 561: 557: 553: 546: 541: 539: 534: 532: 527: 526: 523: 512: 511: 506: 499: 491: 487: 483: 476: 469: 461: 455: 451: 450: 442: 434: 428: 424: 420: 419: 411: 403: 397: 393: 389: 388: 380: 378: 369: 365: 358: 350: 344: 340: 336: 335: 327: 319: 313: 309: 308: 300: 292: 286: 282: 278: 277: 269: 261: 255: 251: 247: 246: 238: 231:. 2010-01-29. 230: 229: 224: 218: 214: 204: 203:Economic rent 201: 199: 196: 194: 191: 190: 184: 180: 177: 173: 171: 167: 163: 159: 155: 151: 150:rent-creating 143: 135: 131: 122: 110: 108: 104: 101: 97: 92: 88: 80: 78: 74: 66: 64: 60: 56: 51: 44:rent-creating 43: 39: 35: 31: 27: 23: 1078:(Madagascar) 1002:(Bangladesh) 909:Vote pairing 861:Rent-setting 860: 856:Rent-seeking 816:Failed state 716:Match fixing 686:Embezzlement 665:Corporation 637:Black market 508: 498: 481: 468: 448: 441: 417: 410: 386: 368:Creaders.net 367: 357: 333: 326: 306: 299: 275: 268: 244: 237: 226: 217: 193:Rent-seeking 181: 178: 174: 170:rent-seeking 160:using their 149: 130:Rent-setting 129: 128: 107:Hanyu Pinyin 53:Rent-setting 20:Rent-setting 1251:and efforts 1249:instruments 1200:enforcement 1142:(Singapore) 1055:(Indonesia) 991:(Argentina) 873:State crime 831:Mafia state 826:Kleptocracy 791:Clientelism 758:Tax evasion 641:Grey market 392:Citic Press 158:bureaucrats 154:governments 1355:Categories 1326:Yo Soy 132 1171:(Tanzania) 1101:(Pakistan) 1014:(Cameroon) 841:Plutocracy 796:Coronelism 753:Slush fund 552:Corruption 209:References 33:Introduced 1289:movements 1209:(pending) 1177:(Vietnam) 1165:(Ukraine) 1125:(Romania) 1119:(Romania) 1095:(Nigeria) 1089:(Myanmar) 1067:(Liberia) 1038:(Croatia) 1008:(Burundi) 882:Elections 763:Tax haven 691:Extortion 651:Collusion 632:Baksheesh 490:0577-9154 423:Routledge 25:Initiator 1198:Laws and 1131:(Russia) 1113:(Poland) 1061:(Latvia) 1020:(China) 982:National 836:Nepotism 806:Cronyism 711:Kickback 250:Springer 187:See also 1287:Protest 1159:(Spain) 1049:(India) 748:Scandal 646:Bribery 625:General 41:Synonym 1076:BIANCO 510:Utopia 488:  456:  429:  398:  345:  314:  287:  256:  166:market 144:: 136:: 1036:USKOK 784:State 696:Fraud 674:Shell 669:Dummy 478:(PDF) 162:power 113:Shèzū 486:ISSN 454:ISBN 427:ISBN 396:ISBN 343:ISBN 312:ISBN 285:ISBN 254:ISBN 36:1987 1053:KPK 156:or 1357:: 639:/ 507:. 484:. 480:. 421:. 390:. 376:^ 366:. 337:. 279:. 248:. 225:. 146:設租 140:; 138:设租 83:設租 69:设租 544:e 537:t 530:v 513:. 492:. 462:. 435:. 404:. 370:. 351:. 320:. 293:. 262:.

Index

Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
simplified Chinese
traditional Chinese
governments
bureaucrats
power
market
rent-seeking
Rent-seeking
Rent extraction
Economic rent
"Revisiting progressive reform"
The Economic Observer
Real and Financial Economic Dynamics in Russia and Eastern Europe
Springer
ISBN
978-3-642-55512-1
The Economics of Transaction Costs: Theory, Methods and Application
Palgrave Macmillan UK
ISBN
978-0-230-59768-6
The Next Step in China's Reform
ISBN
978-7-5017-5699-5
Study of Communication Failure in Chinese Financial Media
China Social Sciences Press
ISBN

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.