Group competition for rents
Eliakim Katz and
Julia Tokatlidu
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Eliakim Katz: York University
Julia Tokatlidu: York University
A chapter in 40 Years of Research on Rent Seeking 1, 1996, pp 537-545 from Springer
Abstract:
Abstract This paper examines rent dissipation in a two-stage group rent-seeking contest without a predetermined distribution rule, the rent in this setting exhibits both public and private good characteristics depending on the stage of the contest. Focusing on the relationship between group size and aggregate rent seeking we find that social waste depends not only on total numbers but also on the distribution of population across groups. We show that group size asymmetry acts to reduce rent dissipation.
Keywords: Rent-seeking; Two-stage contests; Collective rent seeking; Group rent-seeking (search for similar items in EconPapers)
JEL-codes: D72 (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-79182-9_38
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DOI: 10.1007/978-3-540-79182-9_38
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