English, Article, Journal or magazine article edition: Aggressiveness and Redistribution Dieter Bös; Martin Kolmar

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Bookmark: http://trove.nla.gov.au/version/52344
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Aggressiveness and Redistribution
Author
  • Dieter Bös
  • Martin Kolmar
Physical Description
  • preprint
Notes
  • In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property rights is costly. Two agents engage in a common-pool contest and two types of potential distortions arise: the waste of resources in the contest and the dilution of incentives to produce as a result of the existens of externalities in the conflict equilibrium. We were able to show the following results: (i) In some situations Pareto-improving redistribution occurs voluntarily. (ii) Otherwise, the government may choose an indirect way to improve production in the presence of appropriation: In a situation of partial anarchy in some market redistributive policies in other markets may help to reduce the inefficiency in the anarchic market.
  • Anarchy, Contests, Redistribution
  • RePEc:bon:bonedp:bgse2_2003
Language
  • English
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