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Investment in the absence of property rights : the role of incumbency advantages
Konrad, Kai A. - 2002
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10011409735
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Investment in the absence of property rights: the role of incumbency advantages
Konrad, Kai A. - 2001
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10010307034
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Investment in the Absence of Property Rights: The Role of Incumbency Advantages
Konrad, Kai A. - C.E.P.R. Discussion Papers - 2001
. This Paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behaviour and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10005656133
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Investment in the Absence of Property Rights : The Role of Incumbency Advantages
Konrad, Kai A. - 2021
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations …
Persistent link: https://www.econbiz.de/10013320550
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Investment in the Absence of Property Rights: The Role of Incumbency Advantages
Konrad, Kai A. - 2002
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10010315357
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Investment in the Absence of Property Rights: The Role of Incumbency Advantages
Konrad, Kai A. - CESifo - 2002
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10005196286
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Unequal power and the dynamics of rivalry
Mehlum, Halvor; Moene, Karl Ove - 2016
conditions that induce regime stability can also induce hard conflicts. We show that in contests with incumbent …
Persistent link: https://www.econbiz.de/10011694181
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Unequal power and the dynamics of rivalry
Mehlum, Halvor; Moene, Karl Ove - 2016
conditions that induce regime stability can also induce hard conflicts. We show that in contests with incumbent …
Persistent link: https://www.econbiz.de/10011585145
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King of the Hill Positional Dynamics in Contests
Mehlum, Halvor; Moene, Kalle - Volkswirtschaftliche Fakultät, … - 2008
In a contest with positional dynamics between an incumbent and a challenger i) inequality of power may magnify conflicts, ii) more severe conflicts can go together with lower turnover of incumbents, and iii) power can be self defeating as cost advantages can reduce pay-offs. These three...
Persistent link: https://www.econbiz.de/10005616742
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Why do dictators like white elephants? An application of the all-pay auction.
Magnani, Marco - In: Economics Bulletin 33 (2013) 3, pp. 2260-2269
The present paper studies the provision of big and inefficient public investments in proprietary states. By means of these investments, whose rate of return is either nil or negative, an incumbent dictator can transfer resources to his/her supporters and obtain a head-start advantage in the...
Persistent link: https://www.econbiz.de/10010835775