{"title":"Rent-Seeking and Public Choice in Digital Markets","authors":"T. Lambert","doi":"10.2139/ssrn.3733707","DOIUrl":null,"url":null,"abstract":"This chapter examines how public choice concerns, most prominently “rent-seeking” behavior, have been manifested in initiatives to regulate digital markets. The chapter first summarizes key insights from public choice and describes the phenomenon of rent-seeking. It then documents the existence of rent-seeking activity and other public choice concerns in the regulation of digital markets. It closes with a brief observation about how the structure of regulatory interventions may constrain or exacerbate rent-seeking and other public choice concerns in digital markets.","PeriodicalId":11797,"journal":{"name":"ERN: Regulation (IO) (Topic)","volume":"92 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Regulation (IO) (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3733707","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
This chapter examines how public choice concerns, most prominently “rent-seeking” behavior, have been manifested in initiatives to regulate digital markets. The chapter first summarizes key insights from public choice and describes the phenomenon of rent-seeking. It then documents the existence of rent-seeking activity and other public choice concerns in the regulation of digital markets. It closes with a brief observation about how the structure of regulatory interventions may constrain or exacerbate rent-seeking and other public choice concerns in digital markets.