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Urban squatting with rent-seeking organizers

31 Aug 2012
Description

This paper extends a new line of research on urban squatting that focuses on the role of the squatter organizer.
The model replaces the benevolent organizer from previous studies with a collection of competing, rent-seeking squatter organizers, a structure that may offer a realistic picture of many cities in less-developed countries.
In addition to delineating the structure of such a competitive model, the analysis generates a host of comparative-static results and other insights. Among other things, the analysis shows that competition among squatter organizers has much in common with competition in a traditional industry setting.
 

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2012
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