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Cumulative prospect theory preferences in rent-seeking contests

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Date
2018
Author
Keskin, Kerim
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.

Source

Mathematical Social Sciences

Volume

96

Pages

85-91

URI

https://hdl.handle.net/20.500.12469/759
https://doi.org/10.1016/j.mathsocsci.2018.06.002

Collections

  • Araştırma Çıktıları / Scopus [1345]
  • Araştırma Çıktıları / WOS [1335]
  • Ekonomi / Economics [74]

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