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Cumulative prospect theory preferences in rent-seeking contests
Mathematical Social Sciences, 2018We investigate the equilibrium behavior for agents with cumulative prospect theory preferences in rent-seeking contests. Characterizing the equilibrium effort levels, we present results on the existence of equilibrium and total rent dissipation.
Kerim Keskin
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Do African resource rents promote rent-seeking at the expense of entrepreneurship?
Small Business Economics, 2021Jonathan Munemo
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Voprosy Ekonomiki, 2014
The Russian economy is in transition period “from plan to market”, which is characterized by immature institutions and expansion of rent-seeking behavior. In this article, the authors consider rent as a possible excess return above the minimum income needed to encourage an agent to implement the actions specified by the principal.
M. Levin, G. Satarov
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The Russian economy is in transition period “from plan to market”, which is characterized by immature institutions and expansion of rent-seeking behavior. In this article, the authors consider rent as a possible excess return above the minimum income needed to encourage an agent to implement the actions specified by the principal.
M. Levin, G. Satarov
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Bargaining and rent seeking [PDF]
, 2012 We study a Baron-Ferejohn (1989) type of bargaining model to which we append an investment stage. As long as no agreement is reached, a new proposer is selected randomly from the player set. A proposal is accepted if at least q players accept it. Prior to the bargaining stage, players may make investments to increase their recognition probabili- ties ...
Haruo Imai +1 more
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Committees and Rent-Seeking Effort
Journal of Public Economics, 1984Committees are widely used by nearly all social organizations as a means of developing and implementing policies that often have clear distributive implications. Applications range from academic committees responsible for conferring minor student awards to corporate, congressional, and party committees responsible for decisions that have substantial ...
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Integrative oncology: Addressing the global challenges of cancer prevention and treatment
Ca-A Cancer Journal for Clinicians, 2022Jun J Mao,, Msce +2 more
exaly