We introduce elements of an auction in a rent-seeking contest. Players compete for a prize. Apart from exerting lobbying efforts, they also submit a bid which is payable only if they win the prize. First, we analyze the model if the returns-to-scale parameters of both bids and efforts are unity. In that case there exists a unique Nash equilibrium in pure strategies, in which each active player submits the same bid, while the sum of all efforts equals that bid. Second, we analyze the case in which the returns-to-scale parameters differ from unity, and derive the implications of that specification
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restri...
This article analyzes an asymmetric rent-seeking contest with free riding where valuation on the pri...
We consider a rent-seeking contest of the kind introduced by Tullock (1980) in which two players com...
We present a model which combines elements of an auction and a rent-seeking contest. Players compete...
We present a model which combines elements of an auction and a rent-seeking contest. Players compete...
We introduce bids in a rent-seeking contest. Players compete for a prize. Apart from exerting lobbyi...
There can be three types of heterogeneity among players in a rent-seeking contest. First, effectiven...
2 Two new types of auction were introduced on the Internet a few years ago and have rapidly been gai...
Impact on rent seeking occurs even when a player exerts only one effort. This contrasts with models ...
In much of the existing literature on rent-seeking games, the outcome of the contest is either in®ni...
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restri...
This paper considers all-pay contests in which the relationship between bids and allocations reflect...
We consider a rent-seeking contest of the kind introduced by Tullock (1980) in which two players com...
An all pay, common value auction is proposed as a model of contests. The common value of the prize i...
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restri...
This article analyzes an asymmetric rent-seeking contest with free riding where valuation on the pri...
We consider a rent-seeking contest of the kind introduced by Tullock (1980) in which two players com...
We present a model which combines elements of an auction and a rent-seeking contest. Players compete...
We present a model which combines elements of an auction and a rent-seeking contest. Players compete...
We introduce bids in a rent-seeking contest. Players compete for a prize. Apart from exerting lobbyi...
There can be three types of heterogeneity among players in a rent-seeking contest. First, effectiven...
2 Two new types of auction were introduced on the Internet a few years ago and have rapidly been gai...
Impact on rent seeking occurs even when a player exerts only one effort. This contrasts with models ...
In much of the existing literature on rent-seeking games, the outcome of the contest is either in®ni...
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restri...
This paper considers all-pay contests in which the relationship between bids and allocations reflect...
We consider a rent-seeking contest of the kind introduced by Tullock (1980) in which two players com...
An all pay, common value auction is proposed as a model of contests. The common value of the prize i...
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restri...
This article analyzes an asymmetric rent-seeking contest with free riding where valuation on the pri...
We consider a rent-seeking contest of the kind introduced by Tullock (1980) in which two players com...