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Rent-seeking with asymmetric valuations: Addition or deletion of a player

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  • Alexander Matros

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Abstract

We consider an extension of Tullock's (1980) N-player contest under which prize valuations may vary across players. We show that the pure-strategy equilibrium of this contest is unique. We also establish the following results: rent dissipation increases, individual winning probabilities decrease, and individual spending either increases or decreases with the addition of a player. Copyright Springer Science+Business Media, B.V. 2006

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File URL: http://hdl.handle.net/10.1007/s11127-006-9037-9
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 129 (2006)
Issue (Month): 3 (December)
Pages: 369-380

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Handle: RePEc:kap:pubcho:v:129:y:2006:i:3:p:369-380

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Web page: http://www.springerlink.com/link.asp?id=100332

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  1. Stein, William E, 2002. " Asymmetric Rent-Seeking with More Than Two Contestants," Public Choice, Springer, vol. 113(3-4), pages 325-36, December.
  2. Nitzan, Shmuel, 1994. "Modelling rent-seeking contests," European Journal of Political Economy, Elsevier, vol. 10(1), pages 41-60, May.
  3. Nti, Kofi O, 1999. " Rent-Seeking with Asymmetric Valuations," Public Choice, Springer, vol. 98(3-4), pages 415-30, March.
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Cited by:
  1. Haruo Imai & Hannu Salonen (corresponding author), 2012. "Bargaining and Rent Seeking," Discussion Papers 80, Aboa Centre for Economics.
  2. Tobias Wenzel, 2014. "Independent Service Operators in ATM Markets," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(1), pages 26-47, 02.
  3. Dan Kovenock J. & Brian Roberson, 2009. "Non-Partisan 'Get-Out-the-Vote' Efforts and Policy Outcomes," CESifo Working Paper Series 2815, CESifo Group Munich.
  4. Giuseppe Dari-Mattiacci & Eric Langlais & Bruno Lovat & Francesco Parisi, 2013. "Asymmetries in Rent-Seeking," EconomiX Working Papers 2013-5, University of Paris West - Nanterre la Défense, EconomiX.
  5. Lambert Schoonbeek, 2009. "Bribing potential entrants in a rent-seeking contest," Public Choice, Springer, vol. 139(1), pages 153-158, April.
  6. Robert Ritz, 2008. "Influencing rent-seeking contests," Public Choice, Springer, vol. 135(3), pages 291-300, June.
  7. Matros, Alexander, 2012. "Sad-Loser contests," Journal of Mathematical Economics, Elsevier, vol. 48(3), pages 155-162.

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