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Committees and Rent-Seeking Effort under Probabilistic Voting

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  • Amegashie, J Atsu

Abstract

Congleton (1984) shows that a rent awarded by a committee results in smaller aggregate rent-seeking expenditures than a similar rent awarded by a single administrator. This note modifies Congleton's model by considering a model in which voting is probabilistic instead of deterministic. I show that the relative magnitudes of rent-seeking expenditures could go either way depending on the relative weighted sensitivities (to rent-seeking efforts) of the committee and the single administrator. I show how the distribution of voting powers of committee members affects rent-seeking efforts. I also examine the case where there is some probability that the rent may not be awarded, if the committee is unable to reach a majority decision. My results diverge from Congleton (1984) because of the absence of majoritarian cycles in my model. Copyright 2002 by Kluwer Academic Publishers

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  • Amegashie, J Atsu, 2002. "Committees and Rent-Seeking Effort under Probabilistic Voting," Public Choice, Springer, vol. 112(3-4), pages 345-350, September.
    • Handle: RePEc:kap:pubcho:v:112:y:2002:i:3-4:p:345-50
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    Cited by:

    1. Amegashie, J. Atsu, 2019. "Quantity-cum-quality contests," European Journal of Political Economy, Elsevier, vol. 58(C), pages 289-297.
    2. J. Atsu Amegashie, 2012. "A Nested Contest: Tullock Meets the All-Pay Auction," Working Papers 1211, University of Guelph, Department of Economics and Finance.
    3. Derek J. Clark & Kai A. Konrad, 2007. "Contests with Multi‐tasking," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(2), pages 303-319, June.
    4. J. Atsu Amegashie, 2020. "Citations And Incentives In Academic Contests," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1233-1244, July.
    5. Pelosse, Yohan, 2011. "Equivalence of optimal noisy-ranking contests and Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 740-748.
    6. Jan Zápal, 2017. "Crafting consensus," Public Choice, Springer, vol. 173(1), pages 169-200, October.
    7. Simiao Li, 2013. "Tullock contests under committee administration," Economics Bulletin, AccessEcon, vol. 33(3), pages 1983-1990.

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