Resumé
Originalsprog | Engelsk |
---|---|
Tidsskrift | Economia Politica |
Vol/bind | 36 |
Udgave nummer | 3 |
Sider (fra-til) | 785–804 |
Antal sider | 20 |
ISSN | 1120-2890 |
DOI | |
Status | Udgivet - okt. 2019 |
Emneord
- Contests
- Rent seeking
- Unproductive competition
- Productive competition
- Patent races
Citer dette
}
Productive and Unproductive Competition : A Unified Framework. / Guerra, Alice; Luppi, Barbara; Parisi, Francesco.
I: Economia Politica, Bind 36, Nr. 3, 10.2019, s. 785–804.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review
TY - JOUR
T1 - Productive and Unproductive Competition
T2 - A Unified Framework
AU - Guerra, Alice
AU - Luppi, Barbara
AU - Parisi, Francesco
PY - 2019/10
Y1 - 2019/10
N2 - Conventional theories of competition classify contests as being either “productive”, when the competitive efforts generate a surplus for society, or “unproductive”, when competition generates no social surplus and merely distributes already existing resources. These two discrete categories of competition create a division of real-world situations into analytical categories that fails to recognize the entire spectrum of competitive activities. Taking the existing models of productive and unproductive competition as benchmark idealizations, this paper revisits the relationship between the privately and socially optimal levels of competition in the full range of intermediate cases, as well as in the extremum cases of destructive and super-productive competition.
AB - Conventional theories of competition classify contests as being either “productive”, when the competitive efforts generate a surplus for society, or “unproductive”, when competition generates no social surplus and merely distributes already existing resources. These two discrete categories of competition create a division of real-world situations into analytical categories that fails to recognize the entire spectrum of competitive activities. Taking the existing models of productive and unproductive competition as benchmark idealizations, this paper revisits the relationship between the privately and socially optimal levels of competition in the full range of intermediate cases, as well as in the extremum cases of destructive and super-productive competition.
KW - Contests
KW - Rent seeking
KW - Unproductive competition
KW - Productive competition
KW - Patent races
KW - Contests
KW - Rent seeking
KW - Unproductive competition
KW - Productive competition
KW - Patent races
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=110978979122507&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1007/s40888-017-0077-z
DO - 10.1007/s40888-017-0077-z
M3 - Journal article
VL - 36
SP - 785
EP - 804
JO - Economia Politica
JF - Economia Politica
SN - 1120-2890
IS - 3
ER -