Markets for influence

B-Tier
Journal: International Journal of Industrial Organization
Year: 2010
Volume: 28
Issue: 3
Pages: 307-310

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We specify an oligopoly game, where firms choose quantity in order to maximize profits, that is strategically equivalent to a standard Tullock rent-seeking game. We then show that the Tullock game may be interpreted as an oligopsonistic market for influence. Alternative specifications of the strategic variable give rise to a range of Nash equilibria with varying levels of rent dissipation.

Technical Details

RePEc Handle
repec:eee:indorg:v:28:y:2010:i:3:p:307-310
Journal Field
Industrial Organization
Author Count
2
Added to Database
2026-01-26