Delegation with multiple instruments in a rent-seeking contest

B-Tier
Journal: Public Choice
Year: 2007
Volume: 131
Issue: 3
Pages: 453-464

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

We consider delegation in a rent-seeking contest with two players, where delegates have more instruments at their disposal than the main players. We endogenize both the decision to hire a delegate and the contingent fee offered to the delegates. We characterize the situations when either no, one or two players hire a delegate in equilibrium. We show that the decision to hire a delegate depends in a non-monotonic way on the size of the contested prize. Copyright Springer Science+Business Media, LLC 2007

Technical Details

RePEc Handle
repec:kap:pubcho:v:131:y:2007:i:3:p:453-464
Journal Field
Public
Author Count
1
Added to Database
2026-01-29