Hillman, Arye; Long, Ngo Van; Soubeyran, Antoine - Centre Interuniversitaire de Recherche en Analyse des … - 2000
We analyze a model of lobbying by oligopolists who allocate resources between lobbying and internal cost-reducing activities. We ask the following questions: (i) if firms differ with respect to comparative advantage in lobbying, what is the equilibrium allocation of resources between lobbying...