Sequential Rent Seeking

Amihai Glazer and Refael Hassin

Public Choice, 2000, vol. 102, issue 3-4, 219-28

Abstract: We consider n firms which choose rent-seeking expenditures sequentially, each player anticipating the rent-seeking expenditures that will be made by later movers. We find that the earlier movers need not make larger profits than later movers, and that aggregate profits are lower than in a game in which firms make simultaneous moves. Copyright 2000 by Kluwer Academic Publishers

Date: 2000
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