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Legal expenditure as a rent-seeking game

✍ Scribed by Amy Farmer; Paul Pecorino


Book ID
110369561
Publisher
Springer US
Year
1999
Tongue
English
Weight
180 KB
Volume
100
Category
Article
ISSN
0048-5829

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A general analysis of rent-seeking games
✍ J. David PΓ©rez-Castrillo; Thierry Verdier πŸ“‚ Article πŸ“… 1992 πŸ› Springer US 🌐 English βš– 646 KB

In this paper we reconsider the basic model of "efficient rent seeking." We stress the importance of the shape of the players' reaction curve in order to understand the impact of the technology of rent-seeking on the structure of the outcome of the game. We give a complete characterization of the pu