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THE COST OF TRANSFERS
Author(s) -
Tullock Gordon
Publication year - 1971
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/j.1467-6435.1971.tb00624.x
Subject(s) - humanities , political science , economics , welfare economics , philosophy
SUMMARY Additional discussions of transfers have pointed out that they are essentially costless to society as a whole. This article discusses the investment of resources in obtaining transfers or attempting to avoid transfers away from ego. In any situation in which transfers are likely, it must be assumed that profit‐seeking individuals will invest resources in attempting to get them or prevent them, if the transfer is away from some individual. The problem is discussed in the areas of voluntary charity, bargaining, governmental income redistribution, theft, and war.