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Rent-seeking contests under symmetric and asymmetric information
Wasser, Cédric - 2010
We consider a variant of the Tullock rent-seeking contest. Under symmetric information we determine equilibrium … the distribution costs are drawn from and on the exact specification of the contest success function. …
Persistent link: https://www.econbiz.de/10003950459
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Efficiency and equity : a general equilibrium analysis of rent-seeking
Heijdra, Ben J.; Heijnen, Pim - 2021
.e. a contest against other rent-seekers). At the aggregate level, rent-seeking reduces the available amount of labor in the …
Persistent link: https://www.econbiz.de/10012652831
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The perks of being in the smaller team : incentives in overlapping contests
March, Christoph; Sahm, Marco - 2019
advantaged in the grand (organization-wide) contest for two reasons: First, the incentive to free-ride is smaller in inter …-divisional contests. Second, competition in the intra-divisional contest is less fierce. Both effects induce a higher marginal utility of …
Persistent link: https://www.econbiz.de/10012138834
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The perks of being in the smaller team : incentives in overlapping contests
March, Christoph; Sahm, Marco - 2019
advantaged in the grand (organization-wide) contest for two reasons: First, the incentive to free-ride is smaller in inter …-divisional contests. Second, competition in the intradivisional contest is less fierce. Both effects induce a higher marginal utility of …
Persistent link: https://www.econbiz.de/10012134718
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The perks of being in the smaller team : incentives in overlapping contests
March, Christoph; Sahm, Marco - 2019 - This version: January 6, 2019
disadvantaged in the grand (organization-wide) contest for two reasons: First, the incentive to freeride is larger in inter …-divisional contests. Second, competition in the intra-divisional contest is fiercer. Both effects lower the marginal utility of effort …
Persistent link: https://www.econbiz.de/10012236504
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The perks of being in the smaller team : incentives in overlapping contests
March, Christoph; Sahm, Marco - 2021
advantaged in the grand (organization-wide) contest for two reasons: First, the incentive to free-ride is smaller in inter …-divisional contests. Second, competition in the intradivisional contest is less fierce. Both effects induce a higher marginal utility of …
Persistent link: https://www.econbiz.de/10013341970
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The importance of social status in a rent-seeking society
Amegashie, J. Atsu - 2024
that increases wealth or through a contest in which unproductive (rent-seeking) effort is used to redistribute wealth …
Persistent link: https://www.econbiz.de/10014456231
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Incomplete Information in Rent-seeking Contests
Wasser, Cédric - 2014
We consider a variant of the Tullock lottery contest. Each player's constant marginal cost of effort is drawn from a … dissipation, however, is higher than in the latter settings if we focus on the standard lottery contest and assume costs are all …
Persistent link: https://www.econbiz.de/10013070148
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Fighting for lemons: the encouragement effect in dynamic contests with private information
Beccuti, Juan; Möller, Marc - 2020
This paper proposes a tractable model of a dynamic contest where players have private information about the contest …
Persistent link: https://www.econbiz.de/10012318681
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Participation in Contests with Asymmetric Information
Warneryd, Karl - 2006
We consider imperfectly discriminating, common-value, all-pay auctions (or contests) where some players know the value of the prize, others do not. We show that if the prize is always of positive value, then all players are active in equilibrium. If the prize is of value zero with positive...
Persistent link: https://www.econbiz.de/10014055053