Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060261 | Economics Letters | 2012 | 4 Pages |
Abstract
The ratio of within-group to between-group fighting is shown to be unrealistically high for the collective rent seeking model when agents exert two efforts i.e. within-group and between-group efforts. The ratio is more realistic for the production and conflict model. Six economics examples illustrate the unrealistic implications of rent seeking analysis.
⺠Critique of within-group to between-group fighting ratio in collective rent seeking. ⺠The ratio is more realistic for the production and conflict model. ⺠Six economics examples illustrate the unrealistic implications of rent seeking analysis.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kjell Hausken,