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A note on global warfare in pharmaceutical patenting [PDF]

This paper revisits the question of whether global welfare is higher under a uniform world-wide system of pharmaceutical product patents or with international rules allowing low-income nations to free-ride on the discoveries of firms in rich nations. Key
F. M. Scherer
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THE SIZE OF THE PRIZE: TESTING RENT-DISSIPATION WHEN TRANSFER QUANTITY IS ENDOGENOUS [PDF]

We present a transfer-seeking model of political economy in which the size of the transfer is determined endogenously, and in which over-dissipation of rents is predicted even under conditions of risk-neutrality and perfect rationality.
Bullock, David S., Rutstrom, Elisabet E.
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All-Pay Auctions with Variable Rewards [PDF]

We study all-pay auctions with variable rewards under incomplete information. In standard models, a reward depends on a bidder!s privately known type; however, in our model it is also a function of his bid.
Todd Kaplan
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Towards a New Economic Theory of the State

Cadmus, 2019
The present article traces the authors’ approach to constructing a new economic theory of the modern state, considering the theory of patronized goods and a general concept of mixed economy failures as its two important components. This approach is based
Ruslan Grinberg, Alexander Rubinstein
doaj  

Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation [PDF]

This paper investigates the behavior of rent-seeking politicians in an environment of increasing economic integration. The focus of the paper is on the implications of globalization-induced political yardstick competition for constitutional design with a
Heinrich Ursprung, Martin Bodenstein
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Weaknesses in Institutional Organization: Explaining the Dismal Performance of Kenya's Coffee Cooperatives [PDF]

In this paper, we use the experience of Kenya's failing Coffee Cooperatives to show that, under certain circumstances, membership based organizations can give rise to perverse incentives that undermine the benefits of organizing and lead to a reduction ...
Mude, Andrew G.
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Do rent-seeking and interregional transfers contribute to urban primacy in sub-Saharan Africa? [PDF]

We develop an economic geography model where mobile skilled workers choose to either work in a production sector or to become part of an unproductive elite.
Alain Pholo Bala, Kristian Behrens
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Institutional Traps: Is There a Way Out? [PDF]

Any legislative framework is likely to generate different institutions or norms of behavior which the legislator occasionally could have never foreseen.
Polterovich, Victor
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Rent-Seeking Behavior in the War of Attrition

Rent-Seeking Behavior in the War of Attrition
The object of this paper is to reexamine possible non-existence of Cournet-Nash equilibrium using the war of attrition, when there are increasing returns to rent-seeking expenditures. In our multi-person, multi-period model based on the war of attrition, each player, in addition to determining rent-seeking expenditures, plays a mixed strategy as to ...
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