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Short-term or long-term contracts? - A rent-seeking perspective

Gürtler, Oliver - 2007

course leads to less rent seeking. Finally, a longer contract makes a possible cooperation between the firms solving the rent …In this paper, firms engage in rent seeking in order to be assigned a governmental contract. We analyze how a change in … the contract length affects the firms' rent-seeking behavior. A longer contract leads to more rent seeking at a contract …

Persistent link: https://www.econbiz.de/10010333751

Contest with Attack and Defence: Does Negative Campaigning Increase or Decrease Voters Turnout?

Soubeyran, Raphaël - 2005

We present a general model of two players contest with two types of efforts. Contrary to the classical models of contest, where each player chooses a unique effort, and where the outcome depends on the efforts of all the players, contestants are allowed to reduce the effort of the opponent....

Persistent link: https://www.econbiz.de/10010312400

Understanding the Development of Fundamentalism

Gang, Ira N.; Epstein, Gil S. - 2004

We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers? observance level. We model three stylized situations under which fundamentalist groups function, examining the intensity of observance in each. We find that, under reasonable...

Persistent link: https://www.econbiz.de/10010261982

Who Is the Enemy?

Epstein, Gil S.; Gang, Ira N. - 2004

We examine who benefits when there is a strong leader in place, and those who benefit when a situation lacks a proper leader. There are fractious terrorist groups who seek to serve the same people in common cause against a common enemy. The groups compete for rents obtained from the public by...

Persistent link: https://www.econbiz.de/10010261991

Socially-tolerable discrimination

Amegashie, J. Atsu - 2008

History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status, academic performance, health status, volume of market transactions, religion, sexual orientation, etc. However, these forms of discrimination are not equally tolerable. For...

Persistent link: https://www.econbiz.de/10010264357

An experimental investigation of colonel blotto games

Chowdhury, Subhasish M.; Kovenock, Dan; Sheremeta, Roman M. - 2009

This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...

Persistent link: https://www.econbiz.de/10010265974

More than words: Communication in intergroup conflicts

Leibbrandt, Andreas; Sääksvuori, Lauri - 2010

Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies the problem of collective action. We...

Persistent link: https://www.econbiz.de/10010281661

Parametric contest success functions

Rai, Birendra K.; Sarin, Rajiv - 2007

The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF's. In the first, the winning probability of each agent depends on the investments and a vector of...

Persistent link: https://www.econbiz.de/10010265674

Succession rules and leadership rents

Konrad, Kai A.; Skaperdas, Stergios - 2005

Leaders compensate supporters not just for performing their duties but also in order to preempt an overthrow by the same supporters. We show how succession rules affect the power of leaders relative to supporters as well as the resources expended on possible succession struggles. We compare two...

Persistent link: https://www.econbiz.de/10010261326

Generalized contest success functions

Rai, Birendra K.; Sarin, Rajiv - 2007

The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each...

Persistent link: https://www.econbiz.de/10010263839