Rent-seeking for pure public goods
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Eliakim Katz; Shmuel Nitzan; Jacob Rosenberg
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Article
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1990
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Springer US
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English
โ 539 KB
In this paper we present a formal analysis of rent-seeking for public goods by two or more groups with different numbers of individuals. We begin by considering equally wealthy groups under risk neutrality, a case which constitutes our basic model. Several surprising and interesting results emerge f