Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001481719
Persistent link: https://www.econbiz.de/10012287081
Writing should be an integral component of mathematics intensive economic courses. The economic teacher is faced with a dilemma. If he does not use mathematics and teaches economics informally relying mainly on words and diagrams, then the students will fail to understand most current economic...
Persistent link: https://www.econbiz.de/10014156486
This paper analyzes an infinitely repeated game of contest for resources. It studies how rent seeking technology affects the long term sustainability of pluralistic competition where there is more than one contestant to resources. If there is over dissipation of rent, pluralistic competition is...
Persistent link: https://www.econbiz.de/10014166785
This paper uses a formal model to analyze the effects of rent seeking contest on production when the contestants are both rent seekers and producers and production output is an input of rent seeking effort. Great economies of scale in rent seeking and an even distribution of rent seeking...
Persistent link: https://www.econbiz.de/10013083720