What is Rent-seeking?
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Noun: A search for privilege and personal gain through the political process.
Behavior of various agents in society use rent-seeking methods to maximize their market power by means other than socially valuable methods of increasing productive efficiency and the like.
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Random Words:
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a phenomenon that happens to a computer when a human being is extremely bored and starts typing on the keyboard.
I'm bored... zxcv..
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When the product manual and the actual product behavior are miss-matched. Commonly found in software, but can apply to any product, part..