Which one of the following topics would be of the most interest to a public choice economist?
A) the theory of comparative advantage
B) the law of increasing opportunity cost
C) inﬂation and unemployment
D) rent-seeking behavior

Question

Quizplus · Accepted Answer

Rent-seeking behavior is a central concept in public choice economics, which studies how individuals and groups make decisions in the public sphere, including in politics and government. Rent-seeking behavior refers to actions taken by individuals or groups to obtain special favors or privileges from the government, often at the expense of others. Public choice economists are interested in understanding the incentives and impacts of such behavior, and how it affects overall economic welfare.

Which One of the Following Topics Would Be of the Most