The solution to the Tullock rent-seeking game when R > 2: mixed-strategy equilibria and mean dissipation rates

In Tullock's rent-seeking model, the probability a player wins the game depends on expenditures raised to the power R. We show that a symmetric mixed-strategy Nash equilibrium exists when R>2, and that overdissipation of rents does not arise in any Nash equilibrium. We derive a tight lower bound on the level of rent dissipation that arises in a symmetric equilibrium when the strategy space is discrete, and show that full rent dissipation occurs when the strategy space is continuous. Our results are shown to be consistent with recent experimental evidence on the dissipation of rents. An earlier version of this paper circulated under the title, No, Virginia, There is No Overdissipation of Rents. We are grateful to Dave Furth and Frans van Winden for stimulating conversations, and for comments provided by workshop participants from the CORE-ULB-KUL IUAP project, Purdue University, Pennsylvania State University, Rijksuniversiteit Limburg, and Washington State University. We also thank Max van de Sande Bakhuyzen and Ben Heijdra for useful discussions, and Geert Gielens for computational assistance. An earlier version of the paper was presented at the ESEM 1992 in Brussels and the Mid-West Mathematical Economics Conference in Pittsburgh. All three authors would like to thank CentER for its hospitality during the formative stages of the paper. The second author has also benefited from the financial support of the Katholieke Universitieit Leuven and the Jay N. Ross Young Faculty Scholar Award at Purdue University. The third author benefitted from visiting IGIER where part of the paper was written. The third author also benefitted from grant IUAP 26 of the Belgian Government

Q&A in legislative oversight: A framework for analysis

Abstract Parliamentary questions are an essential tool of legislative oversight. However, the extent to which they are effective in controlling the executive remains underspecified both theoretically and methodologically. This article advances a systematic framework for evaluating the effectiveness of parliamentary questions drawing on principal–agent theory, the public administration literature on accountability and communication research. The framework is called the ‘Q&A approach to legislative oversight’ based on the premise that the study of parliamentary questions (Q) needs to be linked to their respective answers (A) and examined together (Q&A) at the micro‐level as an exchange of claims between legislative and executive actors. Methodologically, the Q&A approach to legislative oversight offers a step‐by‐step guide for qualitative content analysis of Q&A that can be applied to different legislative oversight contexts at different levels of governance. It is argued that the effectiveness of Q&A depends on the strength of the questions asked and the responsiveness of answers provided, which are correspondingly operationalised. To illustrate the merits of the approach, the article includes a systematic case study on the relationship between the European Parliament and the European Central Bank in banking supervision (2013–2018), showing the connection between specific institutional settings and the effectiveness of parliamentary questions

Um simulador dinâmico do crescimento de uma cultura de cana-de-açúcar A dynamic simulator of the sugarcane crop growth

Este trabalho descreve a primeira versão de um simulador matemático-fisiológico do crescimento diário de uma cultura de cana-de-açúcar (SIMCANA) em resposta às condições do ambiente durante a estação de crescimento. SIMCANA resume a maior parte das informações disponíveis concernentes aos processos fisiológicos da cultura de cana-de-açúcar. Esta sua versão não incluí os processos degerminação e florescimento, havendo necessidade de especificar as condições da cultura no primeiro dia de simulação. Em função das condições diárias de radiação solar global, temperatura máxima e mínima, umidade relativa do ar, SIMCANA calcula as taxas de fotossíntese, respiração e crescimento da cultura, as taxas de senescência das folhas e raízes, a massa seca das folhas, colmos e raízes, e o índice de área foliar. Embora várias relações empíricas tenham sido usadas, SIMCANA parece ser capaz de simular o crescimento da cultura de cana-de-açúcar.<br>The first version of a mathematical-physiological simulator of the daily growth of a sugarcane crop (SIMCANA) as a function of the environmental conditions during the growing season is described. SIMCANA summarizes most of the available information regarding to the physiological processes of the sugarcane crop. This version does not include the germination and flowering processes, therefore it is necessary to specify the crop conditions at the first day of simulation. Given the daily conditions of global solar radiation, maximum and minimum temperature, and the relative humidity, SIMCANA computes the rates of crop photosynthesis, respiration, and growth, the senescence rates for leaves and roots, the dry mass of leaves, stems, and roots, and the leaf area index. Although several empirical relations have been used, SIMCANA seems to be able to simulate the sugarcane crop growth