Efforts in two-sided contests

Gil S. Epstein; Shmuel Nitzan; Mordechai E. Schwarz

doi:10.1007/s11127-008-9296-8

Efforts in two-sided contests

Gil S. Epstein
, Shmuel Nitzan
, Mordechai E. Schwarz

כלכלה

نتاج البحث: نشر في مجلة › مقالة › مراجعة النظراء

ملخص

The degree of rent dissipation is studied in extended two-sided contests that involve two types of efforts. While usual contestants expend resources in trying to win the contested prize, potential recipients of the rent-seeking efforts also participate in the contest. This is due to uncertainty regarding the source of power in the contest that induces the bureaucrats to expend resources to increase their share in the rent-seeking efforts by trying to appear as the party controlling the allocation of the prize. We show that the existing theoretical and empirical studies are incomplete and may underestimate the extent of rent dissipation.

اللغة الأصلية	الإنجليزيّة
الصفحات (من إلى)	283-291
عدد الصفحات	9
دورية	Public Choice
مستوى الصوت	136
رقم الإصدار	3-4
المعرِّفات الرقمية للأشياء	https://doi.org/10.1007/s11127-008-9296-8
حالة النشر	نُشِر - سبتمبر 2008

ملاحظة ببليوغرافية

Funding Information:
Acknowledgements We are grateful to two anonymous referees for their helpful and important comments. Financial support from the Adar Foundation of the Economics Department of Bar-Ilan University is gratefully acknowledged.

الوصول إلى المستند

10.1007/s11127-008-9296-8

الملفات والروابط الأخرى

Link to publication in Scopus

قم بذكر هذا

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title = "Efforts in two-sided contests",

abstract = "The degree of rent dissipation is studied in extended two-sided contests that involve two types of efforts. While usual contestants expend resources in trying to win the contested prize, potential recipients of the rent-seeking efforts also participate in the contest. This is due to uncertainty regarding the source of power in the contest that induces the bureaucrats to expend resources to increase their share in the rent-seeking efforts by trying to appear as the party controlling the allocation of the prize. We show that the existing theoretical and empirical studies are incomplete and may underestimate the extent of rent dissipation.",

keywords = "Contests, Incomplete information, Lobbying, Rent dissipation, Transparency",

author = "Epstein, \{Gil S.\} and Shmuel Nitzan and Schwarz, \{Mordechai E.\}",

note = "Funding Information: Acknowledgements We are grateful to two anonymous referees for their helpful and important comments. Financial support from the Adar Foundation of the Economics Department of Bar-Ilan University is gratefully acknowledged.",

year = "2008",

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doi = "10.1007/s11127-008-9296-8",

language = "אנגלית",

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TY - JOUR

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AU - Epstein, Gil S.

AU - Nitzan, Shmuel

AU - Schwarz, Mordechai E.

N1 - Funding Information: Acknowledgements We are grateful to two anonymous referees for their helpful and important comments. Financial support from the Adar Foundation of the Economics Department of Bar-Ilan University is gratefully acknowledged.

PY - 2008/9

Y1 - 2008/9

N2 - The degree of rent dissipation is studied in extended two-sided contests that involve two types of efforts. While usual contestants expend resources in trying to win the contested prize, potential recipients of the rent-seeking efforts also participate in the contest. This is due to uncertainty regarding the source of power in the contest that induces the bureaucrats to expend resources to increase their share in the rent-seeking efforts by trying to appear as the party controlling the allocation of the prize. We show that the existing theoretical and empirical studies are incomplete and may underestimate the extent of rent dissipation.

AB - The degree of rent dissipation is studied in extended two-sided contests that involve two types of efforts. While usual contestants expend resources in trying to win the contested prize, potential recipients of the rent-seeking efforts also participate in the contest. This is due to uncertainty regarding the source of power in the contest that induces the bureaucrats to expend resources to increase their share in the rent-seeking efforts by trying to appear as the party controlling the allocation of the prize. We show that the existing theoretical and empirical studies are incomplete and may underestimate the extent of rent dissipation.

KW - Contests

KW - Incomplete information

KW - Lobbying

KW - Rent dissipation

KW - Transparency

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AN - SCOPUS:48349104750

SN - 0048-5829

VL - 136

SP - 283

EP - 291

JO - Public Choice

JF - Public Choice

IS - 3-4

ER -

Efforts in two-sided contests

ملخص

ملاحظة ببليوغرافية

الوصول إلى المستند

الملفات والروابط الأخرى

بصمة

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