Reneging
The act of going back on a promise, contract, or bargain in economic contexts.
Renewable Resources
Natural or man-made resources that are replenishable at least as fast as they are consumed or used up
rent
A comprehensive examination of rent within economic frameworks, including land rent, quasi-rent, rental payments, and rent of ability.
Rent Control
An examination of rent control policies, their implications, and their historical context in economics.
Rent-Seeking
Definition and exploration of rent-seeking behaviors in economics.
Rented Housing
Housing wherein the occupant pays rent to the owner for residence use.
Repeated Game
A game that is repeated a number of times in future periods, influencing strategy and reputation considerations among participants.
Replacement Cost
The method of valuing assets and calculating depreciation allowances using the costs of replacing buildings and equipment.
Replacement Ratio
The pension of a retired person as a proportion of income when in employment.
Representative Firm - Definition and Meaning
A detailed look at the concept of a representative firm in economics, its underlying assumptions, and analytical frameworks.