Faria, João Ricardo; Mixon, Franklin G.; Caudill, Steven B. - In: Games 5 (2014) 2, pp. 116-126
Using the political-economic history of the development of telephony during the 1870s as a backdrop, this paper studies a two-player Tullock contest that includes both research effort (R&D) and legal effort (i.e., rent-seeking effort). The two types of efforts complement each other and...
