Abstract
We consider n firms which choose rent-seekingexpenditures sequentially, each player anticipatingthe rent-seeking expenditures that will be made bylater movers. We find that the earlier movers need notmake larger profits than later movers, and thataggregate profits are lower than in a game in whichfirms make simultaneous moves.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
