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?:about
?:abstract
  • "We study the evolution of an economy where agents who are heterogeneous with respect to risk attitudes can either earn a certain income or enter a risky rent-seeking contest. We assume that agents behave rationally given their preferences, but that the population distribution of preferences evolves over time in response to material pay-offs. We show that, in particular, initial distributions with full support converge to stationary states where all types may still be present, risk lovers specialize in rent-seeking, and the available rents are perfectly dissipated." (author's abstract) (xsd:string)
?:contributor
?:dateModified
  • 2001 (xsd:gyear)
?:datePublished
  • 2001 (xsd:gyear)
?:duplicate
?:editingInstitute
?:hasFulltext
  • true (xsd:boolean)
is ?:hasPart of
?:inLanguage
  • en (xsd:string)
?:linksURN
?:location
is ?:mainEntity of
?:name
  • Rent, risk, and replication: preference adaptation in winner-take-all markets (xsd:string)
?:provider
?:publicationType
  • Arbeitspapier (xsd:string)
?:sourceInfo
  • GESIS-SSOAR (xsd:string)
rdf:type
?:url
?:urn
  • urn:nbn:de:0168-ssoar-115089 ()
?:volumeNumber
  • 01-10 (xsd:string)