English, Article, Journal or magazine article edition: Tullock Alexander Matros; Daniel Armanios

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Bookmark: http://trove.nla.gov.au/version/76628
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Tullock
Author
  • Alexander Matros
  • Daniel Armanios
Physical Description
  • preprint
Notes
  • We consider Tullock’s contests with reimbursements. It turns out that the winner-reimbursed contest maximizes the net total spending while the loser-reimbursed contest minimizes the net total spending. We investigate properties of contests with reimbursements and compare them with the classic Tullock’s contest. Applications for R&​D, government contracts, and elections are discussed.
  • RePEc:pit:wpaper:328
Language
  • English
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