Menezes, Flavio M.; Quiggin, John - In: International Journal of Industrial Organization 28 (2010) 3, pp. 307-310
We specify an oligopoly game, where firms choose quantity in order to maximize profits, that is strategically equivalent to a standard Tullock rent-seeking game. We then show that the Tullock game may be interpreted as an oligopsonistic market for influence. Alternative specifications of the...