Dynamic Rent-Seeking Games
分析寻租竞争中竞争者可以有限或无限次行动和反应的博弈，论证无限行动模型是最合适的设定，动态均衡分析表明寻租竞争中的浪费性支出低于静态博弈的预测。
The present paper analyses rent-seeking games in which competitors for a rent can act and react finitely or infinitely often. It argues for an infinite-move model as the most appropriate specification of a model of rent-seeking. Dynamic equilibrium analysis of this game suggests that wasteful expenditures in rent-seeking competitions are lower than previously studied static (simultaneous-move) games predict. Journal of Economic Literature Classification Numbers: D72, C73.