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A hierarchically structured rent-seeking contest may be associated with lower equilibrium expenditure than a corresponding flat contest. In this chapter we discuss how this fact may be used to explain the structure of organizations such as firms, including why firms commonly have outside owners.
Persistent link: https://www.econbiz.de/10010359931
We consider a best-of-three Tullock contest between two ex-ante identical players. An effort-maximizing designer commits to a vector of player-specific biases (advantages or disadvantages). In our benchmark model the designer chooses victory-dependent biases (i.e., the biases depend on the...
Persistent link: https://www.econbiz.de/10012918987
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers …
Persistent link: https://www.econbiz.de/10013319145
Does stiffer electoral competition reduce political rent-seeking behavior? For a microanalysis of this question, I … parliament beforehand. MPs of governing parties seem to react less to electoral competition. These results are confirmed by an … elected via party lists react to different levels of electoral competition. …
Persistent link: https://www.econbiz.de/10011490268
We introduce three variations of the Hirshleifer-Skaperdas conflict game to study experimentally the effects of post-conflict … altogether, often after substantial initial conflict. To attain peace, players must first engage in costly signaling by making …
Persistent link: https://www.econbiz.de/10009771751
Wars of conquest and wars of independence are characterized by an asymmetric payoff structure: one party gets aggregate production if it wins, and its own production if it loses, while the other party gets only its own production if it wins, and nothing if it loses. We study a model of war with...
Persistent link: https://www.econbiz.de/10009754525
negative (or weaker positive) consumption spillovers across communities may reduce inter-group conflict and increase aggregate … socially beneficial consequences. We also identify conditions under which their impact will be both conflict-augmenting and … feedback loops linking ethnic conflict and natural resource degradation in developing country contexts. …
Persistent link: https://www.econbiz.de/10012295566
negative (or weaker positive) consumption spillovers across communities may reduce inter-group conflict and increase aggregate … socially beneficial consequences. We also identify conditions under which their impact will be both conflict-augmenting and … feedback loops linking ethnic conflict and natural resource degradation in developing country contexts. …
Persistent link: https://www.econbiz.de/10012614103
We study how norms can solve distributional conflict inside a clan and the efficient coordination of collective action … in a conflict with an external enemy. We characterize a fully non-cooperative equilibrium in a finite game in which a …
Persistent link: https://www.econbiz.de/10005656134
We investigate the possible explanations of variations in aggregate levels of participation in large-scale political demonstrations. A simple public choice inspired model is applied to data derived from the annual May Day demonstrations of the Danish labour movement and socialist parties taking...
Persistent link: https://www.econbiz.de/10008784949