Cumulative Prospect Theory Preferences in Rent-Seeking Contests
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Date
2018
Authors
Keskin, Kerim
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Publisher
Elsevier Science
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Abstract
We investigate the equilibrium behavior for agents with cumulative prospect theory preferences in rent-seeking contests. Characterizing the equilibrium effort levels we present results on the existence of equilibrium and total rent dissipation. (C) 2018 Elsevier B.V. All rights reserved.
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WoS Q
Q4
Scopus Q
Q2
Source
Volume
96
Issue
Start Page
85
End Page
91