TY - JOUR
T1 - Modelling rent-seeking contests
AU - Nitzan, Shmuel
PY - 1994/5
Y1 - 1994/5
N2 - This survey focuses on alternative ways of modelling rent-seeking contests. My primary concern is with the relationship between the extent of rent dissipation and the underlying contest characteristics: e.g., the number of players, their attitudes toward risk, the asymmetry among the players, the source of the rent, the nature of the rent or the nature of the rent setter. The survey concludes with a brief description of attempts to endogenize various components of the rent-seeking contest.
AB - This survey focuses on alternative ways of modelling rent-seeking contests. My primary concern is with the relationship between the extent of rent dissipation and the underlying contest characteristics: e.g., the number of players, their attitudes toward risk, the asymmetry among the players, the source of the rent, the nature of the rent or the nature of the rent setter. The survey concludes with a brief description of attempts to endogenize various components of the rent-seeking contest.
KW - Rent dissipation
KW - Rent-seeking contests
UR - http://www.scopus.com/inward/record.url?scp=0001841506&partnerID=8YFLogxK
U2 - 10.1016/0176-2680(94)90061-2
DO - 10.1016/0176-2680(94)90061-2
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AN - SCOPUS:0001841506
SN - 0176-2680
VL - 10
SP - 41
EP - 60
JO - European Journal of Political Economy
JF - European Journal of Political Economy
IS - 1
ER -