Rent seeking and rent dissipation: A neutrality result

Journal of Public Economics

Volumn 94, Issue 1-2, 2010, Pages 1-7

  Alcalde, José ^a   Dahm, Matthias ^b  

^a UNIVERSITY OF ALICANTE   (Spain)

^b UNIVERSITAT ROVIRA I VIRGILI   (Spain)

Author keywords

(Non )deterministic contest; All pay auction; Contest success functions

Indexed keywords

EID: 74149094155     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpubeco.2009.11.005     Document Type: Article

References (34)

1. Alcalde J., and Dahm M. Tullock and Hirshleifer: a meeting of the minds. Review of Economic Design 11 2 (2007) 101-124
2. Alcalde J., and Dahm M. All-pay auction equilibria in contests. Working Paper no. 4-2008 (2008), Department of Economics, Universitat Rovira i Virgili
3. Angelopoulos K., Philippopoulos A., and Vassilatos V. The social cost of rent seeking in Europe. European Journal of Political Economy 25 (2009) 280-299
4. Baye M.R., Kovenock D., and de Vries C.G. Rigging the lobbying process: an application of the all-pay auction. The American Economic Review 83 1 (1993) 289-294
5. Baye M.R., Kovenock D., and de Vries C.G. The solution to the Tullock rent-seeking game when R > 2: mixed strategy equilibria and mean dissipation rates. Public Choice 81 (1994) 363-380
6. Baye M.R., Kovenock D., and de Vries C.G. The all-pay auction with complete information. Economic Theory 8 (1996) 291-305
7. Bhagwati J.N. Directly unproductive, profit-seeking (DUP) activities. Journal of Political Economy 90 (1982) 988-1002
8. Che Y.-K., and Gale I. Caps on political lobbying. The American Economic Review 88 3 (1998) 643-651
9. Che Y.-K., and Gale I. Difference-form contests and the robustness of all-pay auctions. Games and Economic Behavior 30 (2000) 22-43
10. Congleton R.D. Rent seeking aspects of political advertising. Public Choice 49 3 (1986) 249-268
11. Congleton R.D., Hillman A.L., and Konrad K.A. Forty years of research on rent seeking: an overview. In: Congleton R.D., et al. (Ed). Forty Years of Research on Rent Seeking. Theory of Rent Seeking vol. 1 (2008), Springer 1-42
12. Corchón L. The allocative effects of rent-seeking. Journal of Public Economic Theory 2 4 (2000) 483-491
13. Cornes R., and Hartley R. Asymmetric contests with general technologies. Economic Theory 26 4 (2005) 923-946
14. Cowling K., and Mueller D.C. The social costs of monopoly power. Economic Journal 88 (1978) 727-748
15. Dasgupta P., and Maskin E. "The existence of equilibrium in discontinuous economic games", I and II. Review of Economic Studies 53 1-26 (1986) 27-41
16. Ellingsen T. Strategic buyers and the social cost of monopoly. American Economic Review 81 3 (1991) 648-657
17. Fang H. Lottery versus all-pay auction models of lobbying. Public Choice 112 (2002) 351-371
18. Glazer A., and Konrad K.A. Taxation of rent-seeking activities. Journal of Public Economics 72 1 (1999) 61-72
19. Hillman A.L., and Riley J.G. Politically contestable rents and transfers. Economics and Politics 1 (1989) 17-40
20. Hillman A.L., and Samet D. Dissipation of contestable rents by small numbers of contenders. Public Choice 54 (1987) 63-82
21. Konrad K.A. Strategy and Dynamics in Contests (2009), Oxford University Press
22. Krueger A. The political economy of the rent seeking society. American Economic Review 64 3 (1974) 291-303
23. Littlechild S.C. Misleading calculations of the social costs of monopoly power. Economic Journal 91 (1981) 348-363
24. Malueg D.A., and Yates A.J. Equilibria in rent-seeking contests with homogeneous success functions. Economic Theory 27 (2006) 719-727
25. Mohammad S., and Whalley J. Rent seeking in India: its costs and policy significance. Kyklos 37 3 (1984) 387-413
26. Nti K.O. Rent-seeking with asymmetric valuations. Public Choice 98 (1999) 415-430
27. Pérez-Castrillo D., and Verdier T. A general analysis of rent-seeking games. Public Choice 73 (1992) 335-350
28. Posner R.A. The social costs of monopoly and regulation. Journal of Political Economy 83 (1975) 807-827
29. Siegel R. All-pay contests. Econometrica 77 1 (2009) 71-92
30. Skaperdas S. Contest success functions. Economic Theory 7 (1996) 283-290
31. Szidarovszky F., and Okuguchi K. On the existence and uniqueness of pure Nash equilibrium in rent-seeking games. Games and Economic Behavior 18 (1997) 135-140
32. Tullock G. The welfare costs of tariffs, monopolies, and theft. Western Economic Journal 5 3 (1967) 224-232
33. Tullock G. On the efficient organization of trials. Kyklos 28 4 (1975) 745-762
34. Tullock G. Efficient rent seeking. In: Buchanan J., Tollison R., and Tullock G. (Eds). Toward a Theory of the Rent-Seeking Society (1980), Texas A&M University Press, College Station 97-112