Committees and Rent-Seeking Effort under Probabilistic Voting.

B-Tier
Journal: Public Choice
Year: 2002
Volume: 112
Issue: 3-4
Pages: 345-50

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

Congleton (1984) shows that a rent awarded by a committee results in smaller aggregate rent-seeking expenditures than a similar rent awarded by a single administrator. This note modifies Congleton's model by considering a model in which voting is probabilistic instead of deterministic. I show that the relative magnitudes of rent-seeking expenditures could go either way depending on the relative weighted sensitivities (to rent-seeking efforts) of the committee and the single administrator. I show how the distribution of voting powers of committee members affects rent-seeking efforts. I also examine the case where there is some probability that the rent may not be awarded, if the committee is unable to reach a majority decision. My results diverge from Congleton (1984) because of the absence of majoritarian cycles in my model. Copyright 2002 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:112:y:2002:i:3-4:p:345-50
Journal Field
Public
Author Count
1
Added to Database
2026-01-24