Showing 1 - 10 of 170
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The antagonistic lobbying constitutes a contest among the...
Persistent link: https://www.econbiz.de/10010263072
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The antagonistic lobbying constitutes a contest among the...
Persistent link: https://www.econbiz.de/10004968363
In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property rights is costly. Two agents engage in a common-pool contest and two types of potential distortions arise: the waste of resources in the contest and the dilution of incentives to...
Persistent link: https://www.econbiz.de/10010263060
In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property rights is costly. Two agents engage in a common-pool contest and two types of potential distortions arise: the waste of resources in the contest and the dilution of incentives to...
Persistent link: https://www.econbiz.de/10004989601
This paper discusses the properties of stylized U.S. ("U-type") and Japanese tournaments ("J-type"), which can both solve the unverifiability problem of labor contracts. Under a zero-profit condition, both tournament types will yield first-best efforts if workers are homogenous and risk neutral....
Persistent link: https://www.econbiz.de/10010317678
This paper discusses the properties of stylized U.S. ("U-type") and Japanese tournaments ("J-type"), which can both solve the unverifiability problem of labor contracts. Under a zero-profit condition, both tournament types will yield first-best efforts if workers are homogenous and risk neutral....
Persistent link: https://www.econbiz.de/10004968364
contests with heterogeneous agents who may individually sabotage each other. Our results suggest that sabotaging behavior …
Persistent link: https://www.econbiz.de/10010263109
contests with heterogeneous agents who may individually sabotage each other. Our results suggest that sabotaging behavior …
Persistent link: https://www.econbiz.de/10004989635
Participants of dynamic competition games may prefer to play with the rules of the game by systematically withholding effort in the beginning. Such behavior is referred to as sandbagging. I consider a two-period con- test between heterogeneous players and analyze potential sandbagging of...
Persistent link: https://www.econbiz.de/10010312971
This paper uses the Hotelling-Downs spatial model of electoral competition between candidates to explore competition between political parties. Two parties choose platforms in a unidimensional policy space, and then in a continuum of constituencies with different median voters candidates from...
Persistent link: https://www.econbiz.de/10010263106