Showing 1 - 3 of 3
This paper examines the possibility of endogenous determination of intra-group sharing rules in a collective-group rent-seeking game. Collective-group rent-seeking is considered as a two-stage Nash-Cournot game in which sharing rules are determined prior to individual decision on voluntary...
Persistent link: https://www.econbiz.de/10005708942
This note examines the social cost of rent seeking when firms seek rent by obtaining government subsidies as well as by securing a monopoly position. The social cost of rent seeking proves to be represented by the new Tullock rectangle. Copyright 2000 by Kluwer Academic Publishers
Persistent link: https://www.econbiz.de/10005809480
We examine a two-stage contest in which players in two groups compete noncooperatively to win a rent. In the first stage, each group selects a finalist. The two finalists compete for the rent in the second stage. First-stage efforts are carried over to the second stage in the sense that they are...
Persistent link: https://www.econbiz.de/10005674769