A delegated agent in a winner-take-all contest

L. Schoonbeek*

*Bijbehorende auteur voor dit werk

OnderzoeksoutputAcademicpeer review


A standard winner-takes-all rent-seeking contest with a principal-agent relationship is extended. One of the two players offers a contract to an agent to act as a delegate on his behalf. The wage offered to the agent is deliberately chosen. The equilibrium of the extended contest is characterized.
Originele taal-2English
Pagina's (van-tot)21-23
Aantal pagina's3
TijdschriftApplied Economics Letters
StatusPublished - 2002

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