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~institution:"C.E.P.R. Discussion Papers"
~person:"Eyster, Erik"
~person:"Lagerlöf, Johan N. M."
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Eyster, Erik
Lagerlöf, Johan N. M.
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C.E.P.R. Discussion Papers
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A Theory of Rent Seeking with Informational Foundations
Lagerlöf, Johan N. M.
-
C.E.P.R. Discussion Papers
-
2006
I develop a model of rent seeking with informational foundations and an arbitrary number of rent seekers, and I compare the results with Tullock's (1980) classic model where the influence activities are "black-boxed." Given the microfoundations, the welfare consequences of rent seeking can be...
Persistent link: https://www.econbiz.de/10005788985
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On the Desirability of an Efficiency Defense in Merger Control
Heidhues, Paul
;
Lagerlöf, Johan N. M.
-
C.E.P.R. Discussion Papers
-
2003
We develop a model in which two firms that have proposed to merge are privately informed about merger-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an antitrust authority. Although the information improves...
Persistent link: https://www.econbiz.de/10005067524
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3
The Curse of Inflation
Eyster, Erik
;
Madarász, Kristóf
;
Michaillat, Pascal
-
C.E.P.R. Discussion Papers
-
2014
, higher hours worked, and higher output. Whereas an increase in money supply is expansionary, it decreases the
fairness
of …
Persistent link: https://www.econbiz.de/10011096101
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