Decision by Sortition: A Means to Reduce Rent-Seeking |
| |
Authors: | Alan A. Lockard |
| |
Affiliation: | 1. Trinity College, Hartford, Connecticut, 2002, U.S.A
|
| |
Abstract: | This essay gives an overview of how arandomized decision mechanism (sortition)can be expected to reduce the intensity ofself-interested activity by rent-seekingfactions within democracies. The socialcosts of rent-seeking are briefly reviewed.I then make the case that randomization ofcollective decision making proceduresattenuates rent-seeking expenditures. Iillustrate the argument by reference to thehighly contested Presidential election of2000. Finally, I buttress that argument bycomparing plurality voting and sortitionwithin the context of Tullock's Efficient Rent-seeking model (1980). |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|