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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...
Persistent link: https://www.econbiz.de/10005076613
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously fixed element as a feature of a modified Contest...
Persistent link: https://www.econbiz.de/10005408438
of protection. Strategic lobbying by such firms for a price-capping regulatory regime is, under certain conditions, one …. Counter-intuitively, we further discover that lobbying for regulation is to be expected where the incumbent firm is relatively … problem and consider the possibility of co-operation in lobbying. We then show that such co-operation, if possible, is always …
Persistent link: https://www.econbiz.de/10005561376
Interest groups lobby over a variety of issues including private bills. There are two striking facts about private bills introduced in the U.S. Congress. First, several scandals have involved Congressmen who were being bribed to introduce a private bill. Second, the number of private bills...
Persistent link: https://www.econbiz.de/10005556927
Important conceptualizations of both interest groups and bureaucratic agencies suggest that these institutions provide legislatures with greater information for use in policy making. Yet little is known about how these information sources interact in the policy process as a whole. In this paper...
Persistent link: https://www.econbiz.de/10005560982
special interest groups. This paper examines the nature of the interaction between the lobbying activities of special interest … turn stimulates more intense lobbying which increases the scope of corrupt behavior. It is shown that electoral competition …
Persistent link: https://www.econbiz.de/10005135118
There is an established theoretical and empirical case-study literature arguing that environmental pressure groups have a real impact on pollution levels. Our original contribution to this literature is to provide the first systematic quantitative test of the strength of environmental...
Persistent link: https://www.econbiz.de/10005407808
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...
Persistent link: https://www.econbiz.de/10005413244
In the standard model of a rent-seeking contest, firms optimally employ resources in an attempt to win the contest and obtain the rent. Typically, it is assumed that these resources may be hired at any desired level at some fixed, exogenous per-unit cost. In many real-world rent-seeking...
Persistent link: https://www.econbiz.de/10005077062
A Rational Shortlist Method (RSM) translates into economic language some sequential choice heuristics studied in psychology. We show that the use of this boundedly rational procedure can be detected from observed choice data through tests that are very similar to those used to detect `rational'...
Persistent link: https://www.econbiz.de/10005561780