Contest for power in organizations
AbstractThis paper explains the provision of private rent to powerful members in an organization as an outcome of a contest for power that raises the total contributions to the organization. A necessary condition for a socially efficient contest scheme with reimbursements is characterized.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 114 (2012)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet
Contest; Reimbursement; Rent-seeking; Collective good;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marco Faravelli, 2008.
"The Important Thing Is not (Always) Winning but Taking Part: Funding Public Goods with Contests,"
CRIEFF Discussion Papers
0802, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Marco Faravelli, 2011. "The Important Thing Is Not (Always) Winning but Taking Part: Funding Public Goods with Contests," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(1), pages 1-22, 02.
- Marco Faravelli, 2006. "The Important Thing Is not (Always) Winning but Taking Part: Funding Public Goods with Contests," Working Papers 102, University of Milano-Bicocca, Department of Economics, revised Nov 2006.
- Marco Faravelli, 2007. "The Important Thing Is not (Always) Winning but Taking Part: Funding Public Goods with Contests," ESE Discussion Papers 156, Edinburgh School of Economics, University of Edinburgh.
- Alexander Matros & Daniel Armanios, 2007.
"Tullock's Contest with Reimbursements,"
328, University of Pittsburgh, Department of Economics, revised Sep 2008.
- Subhasish M. Chowdhury & Roman M. Sheremeta, 2010.
"A generalized Tullock contest,"
10-08, Chapman University, Economic Science Institute.
- Jacob K. Goeree & Emiel Maasland & Sander Onderstal & John L. Turner, 2005. "How (Not) to Raise Money," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 897-926, August.
- Andreas Lange & John A. List & Michael K. Price, 2007.
"Using Lotteries To Finance Public Goods: Theory And Experimental Evidence,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(3), pages 901-927, 08.
- Andreas Lange & John List & Michael Price, 2007. "Using lotteries to finance public goods: theory and experimental evidence," Artefactual Field Experiments 00381, The Field Experiments Website.
- Baye, Michael R. & Kovenock, Dan & Vries, Casper G. de, 2009.
"Contests with rank-order spillovers,"
Discussion Papers, Research Unit: Market Processes and Governance
SP II 2009-09, Social Science Research Center Berlin (WZB).
- Michael R. Baye & Dan Kovenock & Casper G. de Vries, 2008. "Contests with Rank-Order Spillovers," Working Papers 2008-20, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Michael R. Baye & Dan Kovenock & Casper G. de Vries, 2009. "Contests with Rank-Order Spillovers," Tinbergen Institute Discussion Papers 09-066/2, Tinbergen Institute.
- Olivier Bos, 2010.
"Charity Auctions for the Happy Few,"
Working Paper Series in Economics
45, University of Cologne, Department of Economics.
- Jeffrey Carpenter & Jessica Holmes & PeterHans Matthews, 2008. "Charity auctions: a field experiment," Economic Journal, Royal Economic Society, vol. 118(525), pages 92-113, 01.
- Morgan, John, 2000. "Financing Public Goods by Means of Lotteries," Review of Economic Studies, Wiley Blackwell, vol. 67(4), pages 761-84, October.
- BOS, Olivier, .
"How lotteries outperform auctions,"
CORE Discussion Papers RP
-2321, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Michael A. Spencer & Stephen K. Swallow & Jason F. Shogren & John A. List, 2008.
"Rebate Rules in Threshold Public Good Provision,"
NBER Working Papers
14559, National Bureau of Economic Research, Inc.
- Luca Corazzini & Marco Faravelli & Luca Stanca, 2007.
"A Prize to Give for: An Experiment on Public Good Funding Mechanisms,"
CRIEFF Discussion Papers
0714, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Luca Corazzini & Marco Faravelli & Luca Stanca, 2010. "A Prize To Give For: An Experiment on Public Good Funding Mechanisms," Economic Journal, Royal Economic Society, vol. 120(547), pages 944-967, 09.
- Lucca Corazzini & Marco Faravelli & Lucca Stanca, 2007. "A Prize to Give for: An Experiment on Public Good Funding Mechanisms," ESE Discussion Papers 159, Edinburgh School of Economics, University of Edinburgh.
- Luca Corazzini & Marco Faravelli & Luca Stanca, 2007. "A Prize to Give for: An Experiment on Public Good Funding Mechanisms," Working Papers 108, University of Milano-Bicocca, Department of Economics, revised 2007.
- Arthur J.H.C. Schram & Sander Onderstal, 2009. "Bidding To Give: An Experimental Comparison Of Auctions For Charity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 431-457, 05.
- Chung, Tai-Yeong, 1996. " Rent-Seeking Contest When the Prize Increases with Aggregate Efforts," Public Choice, Springer, vol. 87(1-2), pages 55-66, April.
- Alcalde, José & Dahm, Matthias, 2010. "Rent seeking and rent dissipation: A neutrality result," Journal of Public Economics, Elsevier, vol. 94(1-2), pages 1-7, February.
- Elfenbein, Daniel W. & McManus, Brian, 2010. "Last-minute bidding in eBay charity auctions," Economics Letters, Elsevier, vol. 107(1), pages 42-45, April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.