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Endogenous timing in general rent-seeking and conflict models

✍ Scribed by Magnus Hoffmann; Grégoire Rota-Graziosi


Book ID
116506446
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
295 KB
Volume
75
Category
Article
ISSN
0899-8256

No coin nor oath required. For personal study only.


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Conflict and rent-seeking success functi
✍ Jack Hirshleifer 📂 Article 📅 1989 🏛 Springer US 🌐 English ⚖ 544 KB

The rent-seeking competitions studied by economists fall within a much broader category of conflict interactions that also includes military combats, election campaigns, industrial disputes, lawsuits, and sibling rivalries. In the rent-seeking literature, each party's success Pi (which can be interp