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On the Win Probability in Rent-Seeking Gemes

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Author Info

  • Clark, D.J.
  • Riis, C.

Abstract

This paper identifies and attempts to fill a gap in the literature on rent-seeking. Many papers in the areas employ a logit win probability without considering whether or why such a choice should be reasonable. We present two approaches which can justify use of the common win probability.

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Bibliographic Info

Paper provided by Oslo University, Department of Economics in its series Memorandum with number 05/1996.

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Length: 14 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:hhs:osloec:1996_005

Contact details of provider:
Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
Email:
Web page: http://www.oekonomi.uio.no/indexe.html
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Keywords: PROBABILITY;

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Cited by:
  1. Jingfeng Lu & Zhewei Wang, 2014. "Axiomatizing Multi-Prize Contests: A Perspective from Complete Ranking of Players," SDU Working Papers 2014-02, School of Economics, Shandong University.
  2. Elie Appelbaum & Eliakim Katz, 1996. "Transfer seeking and avoidance: On the full social costs of rent seeking," Working Papers 1996_11, York University, Department of Economics.
  3. Amegashie, J. Atsu, 2012. "A nested contest: Tullock meets the All-Pay Auction," MPRA Paper 41654, University Library of Munich, Germany, revised 03 Sep 2012.
  4. J. Atsu Amegashie, 2012. "A Nested Contest: Tullock Meets the All-Pay Auction," Working Papers 1211, University of Guelph, Department of Economics and Finance.
  5. J. Atsu Amegashie, 2000. "A political economy model of immigration quotas," Discussion Papers dp00-19, Department of Economics, Simon Fraser University, revised 19 Sep 2000.
  6. Qiang Fu & Jingfeng Lu & Zhewei Wang, 2013. ""Reverse" Nested Lottery Contests," SDU Working Papers 2013-02, School of Economics, Shandong University.
  7. Qiang Fu & Jingfeng Lu, 2012. "Micro foundations of multi-prize lottery contests: a perspective of noisy performance ranking," Social Choice and Welfare, Springer, vol. 38(3), pages 497-517, March.

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