Abstract
My attention has been drawn to an error in Amegashie (1999). To save space, I will only reproduce the relevant equations and ask the reader to refer to the original article. In Amegashie (1999), I studied a two-stage rent-seeking contest, where a subset of contes tants is chosen in a preliminary contest to compete in a final contest. I claimed that aggregate rent-seeking expenditure, T, was monotonically decreasing in the returns parameter, b, of the Tullock probability function in the final stage. This is wrong. The expression for the required derivative is
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