Economics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 2

Determine whether each of the following shifts is likely to increase or decrease the prevalence of rent-seeking.
a. The spread of smartphones enables more widespread access to information.
b. Judges strike down a law that forces politicians to report when they receive a gift worth over $500.
c. Congress passes a law requiring lobbyists to spend at least two years in another unrelated position before getting hired in government to regulate the industries they were advocating for as lobbyists.