English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

We investigate policy reform in a modelwith both lobbying, which involves afree-rider problem, and ordinary rentseeking, which does not. These activitiesinvolve similar skills, so a reform whichreduces rents shifts labor into lobbying.Also, because of the free-rider problem,the marginal return to the industry fromlobbying may greatly exceed an individualfirm's return to lobbying. Thus, the shiftinto lobbying caused by rent reduction maylead to large increases in transfers to thelobbying industry. Under somecircumstances, a reform which reducesavailable rents increases total rents plustransfers to the industry.

Policy Reform and the Free Rider Problem