Hehenkamp, Burkhard; Leininger, Wolfgang; … - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2003
Tullock's analysis of rent-seeking as a contest is reconsidered from an evolutionary point of view. We show that evolutionary stable behavior in a Tullock contest exists and differs from behavior in Nash equilibrium. Evolutionary stable behavior in these contests is robust in a strong sense and...