English, Article edition: COORDINACIÓN Y BÚSQUEDA DE NORMAS: UN ENFOQUE DESDE LA TEORÍA DE LA ELECCIÓN PÚBLICA Juan de Dios Montoro Pons; José Casas Pardo

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Physical Description
  • article
Language
  • English

Edition details

Title
  • COORDINACIÓN Y BÚSQUEDA DE NORMAS: UN ENFOQUE DESDE LA TEORÍA DE LA ELECCIÓN PÚBLICA
Author
  • Juan de Dios Montoro Pons
  • José Casas Pardo
Physical Description
  • article
Notes
  • The present paper analyzes competitive coordination games from a public choice approach. In these, agents may engage in a rent-seeking competition for norms, which redefines property rights and has redistributive effects. For a binary population, the work shows that rent dissipation will depend on the asymmetry of the payoffs, the returns of the rent-seeking activities and on the population distribution. The main conclusion is that, under plausible conditions, the rent dissipation will not be perfect. Classification-JEL : D72
  • rent-seeking, coordination games, welfare losses, collective action.
  • RePEc:hpe:journl:y:2001:v:159:i:4:a:31
Language
  • English
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