The present paper analyzes competitive coordination games from a public choice approach. In these, agents may engage in a rent-seeking competition for norms, which redefines property rights and has redistributive effects. For a binary population, the work shows that rent dissipation will depend...

Nash equilibrium is the point of departure of most of the standard literature on public goods. This stresses the sub-optimality of voluntary contributions towards the provision of a public good: in game theoretic terms, with unboundedly rational agents, individual best response is no cooperation...