Warlord Competition.

Warlords complete for turf that provides them with rents and "taxable" resources while also providing a semblance of security within their respective territories. Because such competition takes place through the use of force or the threat of the use of force, more competition can lead to lower welfare as resources are wasted on unproductive arming and fighting. Rents crowd out production, in some cases almost cmpletely so.

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Year of publication:	2000
Authors:	Skaperdas, S.
Institutions:	California Irvine - School of Social Sciences
Subject:	TAXATION \| COMPETITION \| RENT \| PRODUCTION

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Series:	California Irvine - School of Social Sciences.
Type of publication:	Book / Working Paper
Notes:	18 pages
Classification:	D4 - Market Structure and Pricing ; E23 - Production ; D24 - Production; Capital and Total Factor Productivity; Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486849