Equilibria in rent-seeking contests with homogeneous success functions

被引：24
|
作者：
Malueg, DA
Yates, AJ
机构：
[1] Univ Richmond, Dept Econ, E Claiborne Robins Sch Business, Richmond, VA 23173 USA
[2] Tulane Univ, Dept Econ, New Orleans, LA 70118 USA
[3] Tulane Univ, AB Freeman Sch Business, New Orleans, LA 70118 USA
来源：
ECONOMIC THEORY | 2006年 / 27卷 / 03期
关键词：
rent-seeking; homogeneous contest success functions; existence of equilibrium;
D O I：
10.1007/s00199-004-0554-9
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We characterize pure-strategy Nash equilibria for symmetric rent-seeking contests in which the contest success function is homogeneous of degree zero. The equilibrium strategies have a simple form. We give sufficient conditions for existence of an equilibrium.
引用
收藏
页码：719 / 727
页数：9
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