Lottery versus All-Pay Auction Models of Lobbying.

B-Tier
Journal: Public Choice
Year: 2002
Volume: 112
Issue: 3-4
Pages: 351-71

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

I first provide a complete characterization of the unique equilibrium of the lottery game by n lobbyists with asymmetric valuations, and then compare the lottery and the all-pay auction models of lobbying. I show that the exclusion principle discovered by Baye, Kovenock and de Vries (1993) for all-pay auction does not apply to lottery. I also show that the perverse effect that an exogenous cap may increase the total lobbying expenditure in a two-bidder all-pay auction discovered by Che and Gale (1998) does not apply to lottery. Copyright 2002 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:112:y:2002:i:3-4:p:351-71
Journal Field
Public
Author Count
1
Added to Database
2026-01-25