Abstract
Stories of corporate contributions to campaign funds and Enron scandals have recently rocked the corporate world. It is, hence, imperative to examine implications of campaign contributions for market outcomes in a transparent fashion. We provide a simple duopoly to characterize a perfect Nash equilibrium of campaign contributions and explore comparative static properties of this equilibrium.
| Original language | English |
|---|---|
| Number of pages | 7 |
| Journal | The Middle East business and economic review |
| Publication status | Published - 2005 |
Keywords
- campaign contributions
- perfect Nash equilibrium
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