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Meaning of Tullock paradox | Babel Free

Noun CEFR B2

Definitions

The apparent paradox that a rent seeker wanting political favours can bribe politicians at a cost much lower than the value of the favour to the rent seeker.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Tulloona Tullow Tullson Tully Tully monster Tullyhaw

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