Rents, dissipation and lost treasures: Comment
نویسندگان
چکیده
منابع مشابه
Rents, dissipation and lost treasures: comment
In an interesting recent paper, Dari-Mattiacci and Parisi (2005) extended Tullocks (1980) rent-seeking game with an entry decision. The mixed strategies identi ed by Dari-Mattiacci and Parisi for the case of increasing returns in the contest success function (r > 2) do not constitute an equilibrium of the game they study. However, these strategies are an equilibrium if the strategy space of th...
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In Greece gold searchers and lost treasures, are very common because there are too many gold deposits, too many lost gold coins, from the World War II, and generally too many lost treasures dating from the Byzantine period, the Ottoman Empire as well as treasures regarding pirates, Venetians etc. Gold searchers, despite the strenuous efforts they make to detect some of the lost treasures, very ...
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The theory of rent seeking with its origins in the observations of Gordon Tullock (1967) or to use Jagdish Bhagwati's (1982) proposed term, the theory of directly unproductive profit-seeking activities is concerned with the potentially adverse effects on resource allocation of incentives to capture and defend artificially-contrived rents and transfers. The scope for social loss proposed by the ...
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ژورنال
عنوان ژورنال: Public Choice
سال: 2006
ISSN: 0048-5829,1573-7101
DOI: 10.1007/s11127-006-9088-y