Konrad, Kai A.
Sabotage in rent-seeking contests.
In: Journal of Law, Economics, and Organization, Vol. 16, Nr. 1: S. 155-165
Volltext auf 'Open Access LMU' nicht verfügbar.
This article considers the interaction between two types of effort in lobbying contests: effort that improves the contestant's own performance (standard rent seeking), and effort that reduces particular rivals' performance (sabotage). Due to a positive externality, sabotage is a "small number" phenomenon. Sabotage may increase lobbying efforts and the dissipation rate in lobbying contests compared to a situation in which sabotage is not feasible.