Rent seeking with efforts and bids

被引：6

作者：

Haan, MA ^{[1
]}

Schoonbeek, L ^{[1
]}

机构：

[1] Univ Groningen, Dept Econ, NL-9700 AV Groningen, Netherlands

来源：

JOURNAL OF ECONOMICS-ZEITSCHRIFT FUR NATIONALOKONOMIE | 2003年 / 79卷 / 03期

关键词：

rent seeking; lobbying; bidding;

D O I：

10.1007/s00712-002-0600-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We introduce bids in a rent-seeking contest. Players compete for a prize. Apart from exerting lobbying efforts, they also submit a bid which is payable only if they win the prize. We show that our model has a unique Nash equilibrium in pure strategies, in which each active player submits the same bid, while the sum of all efforts equals that bid. In equilibrium there is underdissipation of rent.

引用

页码：215 / 235

页数：21

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