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Contest for power in organizations

  • Gregor, Martin

This 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.

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File URL: http://www.sciencedirect.com/science/article/pii/S0165176511004071
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 114 (2012)
Issue (Month): 3 ()
Pages: 280-283

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Handle: RePEc:eee:ecolet:v:114:y:2012:i:3:p:280-283
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  1. 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.
  2. Bos, Olivier, 2011. "How lotteries outperform auctions," Economics Letters, Elsevier, vol. 110(3), pages 262-264, March.
  3. Olivier Bos, 2008. "Charity Auctions for the Happy Few," CESifo Working Paper Series 2398, CESifo Group Munich.
  4. 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.
  5. Jeffrey Carpenter & Jessica Holmes & PeterHans Matthews, 2008. "Charity auctions: a field experiment," Economic Journal, Royal Economic Society, vol. 118(525), pages 92-113, 01.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. Sheremeta, Roman & Chowdhury, Subhasish, 2010. "A generalized Tullock contest," MPRA Paper 52102, University Library of Munich, Germany.
  12. John Morgan, 2000. "Financing Public Goods by Means of Lotteries," Review of Economic Studies, Oxford University Press, vol. 67(4), pages 761-784.
  13. 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.
  14. 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.
  15. Elfenbein, Daniel W. & McManus, Brian, 2010. "Last-minute bidding in eBay charity auctions," Economics Letters, Elsevier, vol. 107(1), pages 42-45, April.
  16. Alexander Matros & Daniel Armanios, 2009. "Tullock’s contest with reimbursements," Public Choice, Springer, vol. 141(1), pages 49-63, October.
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