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Asymmetric Rent-Seeking with More Than Two Contestants


  • Stein, William E


This article considers a rent-seeking model with N asymmetric contestants. Each contestant may have a different valuation of the rent or a different relative ability to win the rent. One of the N contestants is selected as the winner based on Tullock's (1980) probabilistic contest rule with constant returns to scale. A pure strategy Nash equilibrium solution is obtained and its consequences are investigated. Copyright 2002 by Kluwer Academic Publishers

Suggested Citation

  • Stein, William E, 2002. "Asymmetric Rent-Seeking with More Than Two Contestants," Public Choice, Springer, vol. 113(3-4), pages 325-336, December.
  • Handle: RePEc:kap:pubcho:v:113:y:2002:i:3-4:p:325-36

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    References listed on IDEAS

    1. Grier, Kevin B & McGarrity, Joseph P, 1998. "The Effect of Macroeconomic Fluctuations on the Electoral Fortunes of House Incumbents," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 143-161, April.
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    3. Levitt, Steven D, 1996. "How Do Senators Vote? Disentangling the Role of Voter Preferences, Party Affiliation, and Senate Ideology," American Economic Review, American Economic Association, vol. 86(3), pages 425-441, June.
    4. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753, May.
    5. Edward López & Carlos Ramírez, 2004. "Party Polarization and the Business Cycle in the United States," Public Choice, Springer, vol. 121(3), pages 413-430, February.
    6. repec:cup:apsrev:v:80:y:1986:i:01:p:89-106_18 is not listed on IDEAS
    7. Peltzman, Sam, 1985. "An Economic Interpretation of the History of Congressional Voting in the Twentieth Century," American Economic Review, American Economic Association, vol. 75(4), pages 656-675, September.
    8. Arsene Aka & W. Robert Reed & D. Eric Schansberg & Zhen Zhu, 1996. "Is There A "Culture Of Spending" In Congress?," Economics and Politics, Wiley Blackwell, vol. 8(3), pages 191-211, November.
    9. Herron, Michael C., 2000. "Cutpoint-Adjusted Interest Group Ratings," Political Analysis, Cambridge University Press, vol. 8(04), pages 346-366, July.
    10. W. Reed & D. Schansberg & James Wilbanks & Zhen Zhu, 1998. "The relationship between congressional spending and tenure with an application to term limits," Public Choice, Springer, vol. 94(1), pages 85-104, January.
    11. Baltagi, Badi H. & Wu, Ping X., 1999. "Unequally Spaced Panel Data Regressions With Ar(1) Disturbances," Econometric Theory, Cambridge University Press, vol. 15(06), pages 814-823, December.
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