@article{30917,
  abstract     = {{We study lobby group formation in a two-stage model where the players rst form lobby
groups that then engage in a rent-seeking contest to inuence the legislator. However, the
outcome of the contest aects all players according to the ideological distance between the
implemented policy and the players' preferences. The players can either lobby by themselves,
form a coalition of lobbyists or free ride. We nd that free coalition formation is reasonable
if either players with moderate preferences face lobby groups with extreme preferences, or if
there are two opposing coalitions with an equal number of members. Otherwise, there are
always free riders among the players.}},
  author       = {{Block, Lukas}},
  journal      = {{Quick And Easy Journal Title}},
  keywords     = {{Group formation, Rent-seeking, Free riding}},
  title        = {{{Coalition formation versus free riding in rent-seeking contests}}},
  year         = {{2022}},
}

@article{10279,
  abstract     = {{Are cryptocurrency traders driven by a desire to invest in a new asset class to diversify their portfolio or are they merely seeking to increase their levels of risk? To answer this question, we use individual-level brokerage data and study their behavior in stock trading around the time they engage in their first cryptocurrency trade. We find that when engaging in cryptocurrency trading investors simultaneously increase their risk-seeking behavior in stock trading as they increase their trading intensity and use of leverage. The increase in risk-seeking in stocks is particularly pronounced when volatility in cryptocurrency returns is low, suggesting that their overall behavior is driven by excitement-seeking. }},
  author       = {{Pelster, Matthias and Breitmayer, Bastian and Hasso, Tim}},
  issn         = {{0165-1765}},
  journal      = {{Economics Letters}},
  keywords     = {{cryptocurrencies, bitcoin, investor, risk-seeking}},
  pages        = {{98--100}},
  title        = {{{Are cryptocurrency traders pioneers or just risk-seekers? evidence from brokerage accounts}}},
  doi          = {{10.1016/j.econlet.2019.06.013}},
  volume       = {{182}},
  year         = {{2019}},
}

