Samenvatting
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-2 | English |
|---|---|
| Pagina's (van-tot) | 21-23 |
| Aantal pagina's | 3 |
| Tijdschrift | Applied Economics Letters |
| Volume | 9 |
| Nummer van het tijdschrift | 1 |
| Status | Published - jan.-2002 |