Tullock’s contest with reimbursements

Matros, Alexander and Armanios, Daniel (2009) Tullock’s contest with reimbursements. Public Choice, 141 (1-2). pp. 49-63. ISSN 1573-7101

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Abstract

We consider Tullock’s contest with reimbursements. It turns out that the winner-reimbursed contest maximizes net total spending while the loser-reimbursed contest minimizes net total spending. We investigate properties of contests with reimbursements and compare them with Tullock’s classic contest. Applications for R&D, government contracts, and elections are discussed.

Item Type:
Journal Article
Journal or Publication Title:
Public Choice
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/3300/3312
Subjects:
ID Code:
61399
Deposited By:
Deposited On:
03 Jan 2013 14:46
Refereed?:
Yes
Published?:
Published
Last Modified:
31 Mar 2020 02:33