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What is Rent dissipation? Please explain with an example. I tried to search it on the internet about it. And I couldn't find anything in simple language. It was the esoteric language and was unclear. I wish there might have been a simple paragraph out there that could explain its meaning.

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You may find this article useful Licensing and Rent Dissipation.

In simple terms you might think of it as the devaluation of an 'asset' of some sort.

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    $\begingroup$ Thanks Pelinore. That was helpful. $\endgroup$ – Sands H. Rew Sep 20 at 10:01

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