A general analysis of rent-seeking games
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J. David PΓ©rez-Castrillo; Thierry Verdier
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Article
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1992
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Springer US
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English
β 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