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Allies as rivals: internal and external rent seeking

  • Glazer, Amihai

A Manager of other leader can more effectively obtain rents or other benefits for his organization the higher the quality of his staff. But these same staff may seek rents within the firm, with the most able staff best able to do so. A Manager may therefore prefer to employ staff of low quality.

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File URL: http://www.sciencedirect.com/science/article/B6V8F-45H8PCP-3/2/d9f01597e1c382ba0b5b1d97e3d94989
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Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 48 (2002)
Issue (Month): 2 (June)
Pages: 155-162

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Handle: RePEc:eee:jeborg:v:48:y:2002:i:2:p:155-162
Contact details of provider: Web page: http://www.elsevier.com/locate/jebo

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  1. Nitzan, Shmuel, 1994. "Modelling rent-seeking contests," European Journal of Political Economy, Elsevier, vol. 10(1), pages 41-60, May.
  2. Skaperdas, Stergios, 1996. "Contest Success Functions," Economic Theory, Springer, vol. 7(2), pages 283-90, February.
  3. Raghuram G. Rajan & Luigi Zingales, 2001. "The Firm As A Dedicated Hierarchy: A Theory Of The Origins And Growth Of Firms," The Quarterly Journal of Economics, MIT Press, vol. 116(3), pages 805-851, August.
  4. Garfinkel, M.R. & Skaperdas, S., 2000. "Contract or War? On the Consequences of a Broader View of Self-Interest in Economics," Papers 99-00-12, California Irvine - School of Social Sciences.
  5. Carmichael, H Lorne, 1988. "Incentives in Academics: Why Is There Tenure?," Journal of Political Economy, University of Chicago Press, vol. 96(3), pages 453-72, June.
  6. Skaperdas, Stergios & Syropoulos, Constantinos, 1997. "The Distribution of Income in the Presence of Appropriative Activities," Economica, London School of Economics and Political Science, vol. 64(253), pages 101-17, February.
  7. Paul R. Milgrom., 1987. "Employment Contracts, Influence Activities and Efficient Organization Design," Economics Working Papers 8741, University of California at Berkeley.
  8. Ronald Wintrobe, 2001. "How to understand, and deal with dictatorship: an economist's view," Economics of Governance, Springer, vol. 3(1), pages 35-58, 03.
  9. repec:cup:cbooks:9780521583299 is not listed on IDEAS
  10. repec:cup:cbooks:9780521794497 is not listed on IDEAS
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