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Suggest an institutional change that would reduce rent-seeking in France

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  1. Rent-seeking in France
  2. Theory of Property rights

Economic literature emphasizes monopolies have advantage to deploy administrative expenses to the allied pressure groups, elected officials, administrations and the public, to gain their favor. Actions influence on politicians and administrations, to obtain the production of partisan regulations have led to a vast literature in particular from the Public Choice economists (J. Buchanan and Tullock G., 1962; Stigler G., 1971; Tulloch G., 1978, 1980). For G. Tullock (1980), rent-seeking results, usually by reducing the social product created by the monopoly, but, however, by an increase in resources captured by the monopoly.

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