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Sequential Rent Seeking

Sequential Rent Seeking We consider n firms which choose rent-seekingexpenditures sequentially, each player anticipatingthe rent-seeking expenditures that will be made bylater movers. We find that the earlier movers need notmake larger profits than later movers, and thataggregate profits are lower than in a game in whichfirms make simultaneous moves. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Public Choice Springer Journals

Sequential Rent Seeking

Public Choice , Volume 102 (4) – Oct 9, 2004

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References (8)

Publisher
Springer Journals
Copyright
Copyright © 2000 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science
ISSN
0048-5829
eISSN
1573-7101
DOI
10.1023/A:1005011008448
Publisher site
See Article on Publisher Site

Abstract

We consider n firms which choose rent-seekingexpenditures sequentially, each player anticipatingthe rent-seeking expenditures that will be made bylater movers. We find that the earlier movers need notmake larger profits than later movers, and thataggregate profits are lower than in a game in whichfirms make simultaneous moves.

Journal

Public ChoiceSpringer Journals

Published: Oct 9, 2004

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