Markets for Influence

We specify an oligopoly game, where firms choose quantity in order to maximise profits, that is strategically equivalent to a standard Tullock rent- seeking game. We then show that the Tullock game may be interpreted as an oligopsonistic market for in?uence. Alternative specifications of the strategic variable give rise to a range of Nash equilibria with varying levels of rent dissipation

MoreLess

Year of publication:	2009-09
Authors:	Menezes, Flavio ; Quiggin, John
Institutions:	Risk and Sustainable Management Group (RSMG), School of Economics

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Risk & Uncertainty Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number WPR09_2
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008456772