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Goods or resource contests?

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  • Martin Kolmar

Abstract

In this paper we analyze the optimal mix between appropriative and defensive activities for goods (goods contest) and appropriative and defensive activities for resources (resource contest). We show that goods contests are qualitatively different from resource contests. It turns out that for plausible cases the resource contest is dominated by the goods contest in the sense that investments are only positive in the latter. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Martin Kolmar, 2007. "Goods or resource contests?," Public Choice, Springer, vol. 131(3), pages 491-499, June.
    • Handle: RePEc:kap:pubcho:v:131:y:2007:i:3:p:491-499
    DOI: 10.1007/s11127-006-9131-z
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    References listed on IDEAS

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    1. Herschel I. Grossman, 2001. "The Creation of Effective Property Rights," American Economic Review, American Economic Association, vol. 91(2), pages 347-352, May.
    2. Bush, Winston C. & Mayer, Lawrence S., 1974. "Some implications of anarchy for the distribution of property," Journal of Economic Theory, Elsevier, vol. 8(4), pages 401-412, August.
    3. Hirshleifer,Jack, 2001. "The Dark Side of the Force," Cambridge Books, Cambridge University Press, number 9780521009171, September.
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    5. repec:bla:econom:v:64:y:1997:i:253:p:101-17 is not listed on IDEAS
    6. Skaperdas, Stergios, 1992. "Cooperation, Conflict, and Power in the Absence of Property Rights," American Economic Review, American Economic Association, vol. 82(4), pages 720-739, September.
    7. Grossman, Herschel I & Kim, Minseong, 1995. "Swords or Plowshares? A Theory of the Security of Claims to Property," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1275-1288, December.
    8. Hirshleifer, Jack, 1995. "Anarchy and Its Breakdown," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 26-52, February.
    9. Grossman, Herschel I., 2002. ""Make us a king": anarchy, predation, and the state," European Journal of Political Economy, Elsevier, vol. 18(1), pages 31-46, March.
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    Cited by:

    1. Martin Kolmar, 2008. "Perfectly Secure Property Rights and Production Inefficiencies in Tullock Contests," Southern Economic Journal, John Wiley & Sons, vol. 75(2), pages 441-456, August.
    2. Hassani-Mahmooei, Behrooz & Parris, Brett W., 2013. "Resource scarcity, effort allocation and environmental security: An agent-based theoretical approach," Economic Modelling, Elsevier, vol. 30(C), pages 183-192.

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    Keywords

    Conflict; Anarchy; Goods; Resources;
    All these keywords.

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