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Federal agencies plan to outsource 33% of their information technology projects in 2003. In addition, much of the management and collection of personal data by state and federal government agencies has been outsourced. Recent events have demonstrated that this information has enormous value,...
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We consider a variant of the Tullock rent-seeking contest. Under symmetric information we determine equilibrium strategies and prove their uniqueness. Then, we assume contestants to be privately informed about their costs of effort. We prove existence of a pure-strategy equilibrium and provide a...
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