Rent-seeking behavior in public choice theory refers to
A) politicians trading votes with one another.
B) politicians receiving perks and freebies from businesses trying to sway their votes.
C) speciﬁc groups appealing to government for special beneﬁts at someone else's expense.
D) politicians getting low rent for their living quarters when government is in session.

Question

Quizplus · Accepted Answer

Rent-seeking behavior refers to specific interest groups that seek to lobby the government in order to gain special economic privileges or benefits at the expense of others. This behavior can include subsidies, tax breaks, or regulations that create a favorable environment for some businesses at the expense of others. Options A and B refer to forms of corruption, whereas option D is not related to rent-seeking behavior in public choice theory.

Rent-Seeking Behavior in Public Choice Theory Refers to