A delegated agent in a winner-takes-all contest

L Schoonbeek*

*Bijbehorende auteur voor dit werk

    OnderzoeksoutputAcademicpeer review

    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-2English
    Pagina's (van-tot)21-23
    Aantal pagina's3
    TijdschriftApplied Economics Letters
    Volume9
    Nummer van het tijdschrift1
    StatusPublished - jan-2002

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