Rent-seeking behavior and rent-oriented behavior in the sphere of art and culture
..., real connoisseurs of art, consumers of entertainments. The article claims that the sphere of culture is divided into two sectors according to rental factors. In the first sector (primary market) production of the specific rent is possible (rent of talent, rents for rarity, marketing quasirent) that promotes rent-seeking behavior. In the second sector (services of the institutions of culture and art, art-object markets) rent-focused behavior is possible (capital rent, tourist rent, status rent, ...
Billionaires and Millionaires of the Baltic Sea Region: A Comparative Analysis of National Business Elites
... in the German society, a high level of female representation, a relatively even geographical distribution, engagement in industrial production and technology, and a weak tendency towards oligarchy. Yet, Germany has a small proportion of self-made and talented business people. The strong points of Russia’s business elite are considerable wealth, relatively young age, and a high proportion of self-made and talented business people. Russia’s business elite is limited in number, has weak roots in ...
