Dakhlia, Sami; Pecorino, Paul - In: Public Choice 129 (2006) 3, pp. 475-486
In a standard rent-seeking contest, players optimally employ resources in an attempt to obtain the rent. Typically, it is assumed that these resources may be hired at any desired level at some exogenous per-unit cost. In practice, these resources often consist of scarce, talented individuals. We...