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Article

5 Citations

4,154 Views

11 Pages

Rent Dissipation in Simple Tullock Contests

Alex Dickson,
Ian A. MacKenzie and
Petros G. Sekeris

Games2022, 13(6), 83;https://doi.org/10.3390/g13060083

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13 December 2022

We investigate observed rent dissipation—the ratio of the total costs of rent seeking to the monetary value of the rent—in winner-take-all and share contests, where preferences are more general than usually assumed in the literature. With...

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Article

2,371 Views

23 Pages

A Game-Theoretic Rent-Seeking Framework for Improving Multipath TCP Performance

Shiva Raj Pokhrel and
Carey Williamson

Future Internet2022, 14(9), 257;https://doi.org/10.3390/fi14090257

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29 August 2022

There is no well-defined utility function for existing multipath TCP algorithms. Therefore, network utility maximization (NUM) for MPTCP is a complex undertaking. To resolve this, we develop a novel condition under which Kelly’s NUM mechanism m...

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Article

8 Citations

7,109 Views

11 Pages

Two-Dimensional Effort in Patent-Race Games and Rent-Seeking Contests: The Case of Telephony

João Ricardo Faria,
Franklin G. Mixon, Jr.,
Steven B. Caudill and
Samantha J. Wineke

Games2014, 5(2), 116-126;https://doi.org/10.3390/g5020116

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20 May 2014

Using the political-economic history of the development of telephony during the 1870s as a backdrop, this paper studies a two-player Tullock contest that includes both research effort (R&D) and legal effort (i.e., rent-seeking effort). The two ty...

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