Showing 1 - 10 of 187
Persistent link: https://www.econbiz.de/10012494041
We present a general model of two players contest with two types of efforts. Contrary to the classical models of contest, where each player chooses a unique effort, and where the outcome depends on the efforts of all the players, contestants are allowed to reduce the effort of the opponent....
Persistent link: https://www.econbiz.de/10010312400
ountries rich in natural resources constitute both growth losers and growth winners. We claim that the main reason for these diverging experiences is differences in the quality of institutions. More natural resources push aggregate income down, when institutions are grabber friendly, while more...
Persistent link: https://www.econbiz.de/10010284346
The paper deals with rent-seeking behaviour among agents competing for future shares of a common renewable natural resource. Rent-seeking might become profitable when the agents expect that the distribution of the natural resource in future periods will be dependent on the agents' extraction of...
Persistent link: https://www.econbiz.de/10010290625
Persistent link: https://www.econbiz.de/10012880057
Persistent link: https://www.econbiz.de/10013553801
Persistent link: https://www.econbiz.de/10014389004
Persistent link: https://www.econbiz.de/10014425334
Persistent link: https://www.econbiz.de/10014426365
Persistent link: https://www.econbiz.de/10014426368