Showing 51 - 60 of 20,977
The paper proves that in two-player logit form symmetric contestswith concave success function, commitment to a particular strategydoes not increase a player's payo, while in contests with more thantwo players it does. The paper also provides a contest-like game inwhich commitment does not...
Persistent link: https://www.econbiz.de/10005868568
We show that the presence of loss aversion on the part of participantsin a Tullock imperfectly discriminating contest will significantlyreduce the proportion of the rent dissipated in the form of resourcesused up in the competition for that rent...
Persistent link: https://www.econbiz.de/10005868814
This paper considers the extent to which expenditure by contestants inimperfectly discriminating rent-seeking contests dissipates all or only partof the rent. In particular, we investigate strategic effects, technologicaleffects and asymmetry under an assumption of diminishing returns to...
Persistent link: https://www.econbiz.de/10005868938
We investigate the Nash equilibria of asymmetric, winner-take-all, imperfectlydiscriminating contests, focussing on existence, uniqueness and rentdissipation. When the contest success function is determined by a productionfunction with decreasing returns for each contestant, equilibria...
Persistent link: https://www.econbiz.de/10005868959
This paper shows that although small or nancially constrained environmentalistgroups may be in a weak position, relative to polluting industries, in the directcompetition for political inuence, they can compete indirectly through changingpublic preferences over environmental quality. However, in...
Persistent link: https://www.econbiz.de/10005869307
The EU's current ten year strategy "Europe 2020" aims to set out a vision of a European social market economy for the 21st century that will promote economic growth with social and ecological attributes. This article analyzes the roles ascribed to the government and the market and the extent...
Persistent link: https://www.econbiz.de/10015192214
Recent decades have seen an intensification of international organizations' (IOs) attempts to justify their authority. The existing research suggests that IO representatives have scaled up self-legitimation to defend their organizations' legitimacy in light of public criticism. In contrast, this...
Persistent link: https://www.econbiz.de/10015193293
We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are advantaged in the grand (organization-wide) contest for...
Persistent link: https://www.econbiz.de/10015193595
The persuasion rate is a key parameter for measuring the causal effect of a directional message on influencing the recipient's behavior. Its identification has relied on exogenous treatment or the availability of credible instruments, but the requirements are not always satisfied in...
Persistent link: https://www.econbiz.de/10015193971
Lowering carbon intensity in manufacturing is necessary to transform current production technologies. We test if local agents' preferences, revealed by vote shares for the Green party during local elections in Germany, relate to the carbon intensity of investments in production technologies. Our...
Persistent link: https://www.econbiz.de/10015194678