Showing 1 - 10 of 14
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce … answers regarding the extent of rent dissipation in Tullock contests with intermediate values of the decisiveness parameter. …
Persistent link: https://www.econbiz.de/10010817262
results to contests with incomplete information. Two assumptions are imposed on the information structure. First, the players …
Persistent link: https://www.econbiz.de/10010817269
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce … definite answers regarding the extent of rent dissipation in Tullock contests with intermediate values of the decisiveness …
Persistent link: https://www.econbiz.de/10011282491
results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …
Persistent link: https://www.econbiz.de/10010332037
The symmetric two-player Hirshleifer (1989) contest is shown to admit a unique equilibrium. The support of the equilibrium strategy is finite and includes, in particular, the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the...
Persistent link: https://www.econbiz.de/10011969197
This paper considers all-pay contests in which the relationship between bids and allocation reflects a small amount of …, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic … contests. …
Persistent link: https://www.econbiz.de/10011663167
This paper considers all-pay contests in which the relationship between bids and allocations reflects a small amount of … licensing, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and … dynamic contests. …
Persistent link: https://www.econbiz.de/10011784281
This paper considers all-pay contests in which the relationship between bids and allocation reflects a small amount of …, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic … contests. …
Persistent link: https://www.econbiz.de/10011538607
Persistent link: https://www.econbiz.de/10012019513
Persistent link: https://www.econbiz.de/10011793594