Rent-seeking with non-identical sharing rules: An equilibrium rescued

✍ Scribed by Douglas D. Davis; Robert J. Reilly

Book ID: 110368718
Publisher: Springer US
Year: 1999
Tongue: English
Weight: 64 KB
Volume: 100
Category: Article
ISSN: 0048-5829
DOI: 10.1023/a:1018305109547

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Rent-seeking with non-identical sharing

Rent-seeking with non-identical sharing rules

✍ Shmuel Nitzan 📂 Article 📅 1991 🏛 Springer US 🌐 English ⚖ 317 KB

The primary object of this paper is to examine the role of differential sharing rules within a collective rent-seeking setting on the possible non-existence of Nash equilibrium. Focusing on groups that distribute part of the rent equally among their members and the residual according to relative eff