A note on rent dissipation in lottery contests

Rent dissipation is a measure of the social loss in rent-seeking contests and therefore is the main source of interest in the rent-seeking literature. We derive narrow bounds for the amount of rent dissipation in a sequential lottery contest with n identical players and show that it is larger than i...

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Veröffentlicht in:	Economics letters 2018-07, Vol.168, p.90-93
1. Verfasser:	Klunover, Doron
Format:	Artikel
Sprache:	eng
Schlagworte:	Dissipation in contests Game theory Lotteries Lottery contests Rent-seeking Sequential contests Studies
Online-Zugang:	Volltext
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