We study the effects of unequal representation in the interest-group system on the degree of information transmission between a lobbyist and a policymaker. Employing a dynamic cheap-talk model in which the lobbyist cares instrumentally about his reputation for truthtelling, we show that the...

We study the effects of unequal representation in the interest-group system on the degree of information transmission between a lobbyist and a policymaker. Employing a dynamic cheap-talk model in which the lobbyist cares instrumentally about his reputation for truthtelling, we show that the...

This paper reviews public choice theories of interest groups.

Voting on unidimensional issues will produce equilibrium outcomes if voter preferences are single peaked. While the equilibrium outcomes would not necessarily be Pareto optimal, they would be stable. This paper shows that voting on multidimensional issues can produce stable equilibria if the...

ILO pub. Article analysing 1975 proposals for combining profit sharing with workers stock ownership made by sweden's trade union federation (lo) - presents brief comparison of wage earner funds in Western Europe and the USA, outlines essential features of the confederation proposal, emphasizing...