Activity and inactivity in a rent-seeking contest with private information

L. Schoonbeek, B.M. Winkel

Research output: Contribution to journalArticleAcademicpeer-review

13 Citations (Scopus)

Abstract

We consider a rent-seeking contest in which one player has private information about his own valuation of the prize. This valuation may be either high or low. All other players have a known and identical valuation of the prize. We present necessary and sufficient conditions under which the privately informed player exerts a positive or zero equilibrium effort.

Original languageEnglish
Pages (from-to)123-132
Number of pages10
JournalPublic Choice
Volume127
Issue number1-2
DOIs
Publication statusPublished - Apr-2006

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