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Contributions to Game Theory and Management, 2020, Volume 13, Pages 132–141 (Mi cgtm362)  

Models of optimal control in Tullock rent-seeking game

Denis N. Fedyanin

V. A. Trapeznikov Institute of Control Sciences, Laboratory 57, Profsoyuznaya str. 65, Moscow, Russia
References:
Abstract: The paper constructs and investigates the models of the optimal control in the Tullock rent-seeking game. There are two types of control in the paper: an unlimited, but expensive resource, and a cheap, but an infinitely small resource. Before the game starts, players discuss parameters of the game, and then choose their strategies simultaneously and independently, competing for better rent. We consider two types of players and two types of communication and analyze combinations.
Keywords: optimal control, Tullock rent-seeking game, parametrized equilibrium, beliefs.
Funding agency Grant number
Russian Science Foundation 16-19-10609
The paper was partially supported by the RSF grant 16-19-10609.
Document Type: Article
Language: English
Citation: Denis N. Fedyanin, “Models of optimal control in Tullock rent-seeking game”, Contributions to Game Theory and Management, 13 (2020), 132–141
Citation in format AMSBIB
\Bibitem{Fed20}
\by Denis~N.~Fedyanin
\paper Models of optimal control in Tullock rent-seeking game
\jour Contributions to Game Theory and Management
\yr 2020
\vol 13
\pages 132--141
\mathnet{http://mi.mathnet.ru/cgtm362}
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  • https://www.mathnet.ru/eng/cgtm362
  • https://www.mathnet.ru/eng/cgtm/v13/p132
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