Reduced prizes and increased effort in contests

Gil S. Epstein, Shmuel Nitzan

Research output: Contribution to journalArticlepeer-review

11 Scopus citations

Abstract

We study the general class of two-player public-policy contests and specify the asymmetry condition under which a more restrained government intervention that reduces the contestants' prizes has the "perverse" effect of increasing their aggregate lobbying efforts.

Original languageEnglish
Pages (from-to)447-453
Number of pages7
JournalSocial Choice and Welfare
Volume26
Issue number3
DOIs
StatePublished - Jun 2006

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