Großer, Jens; Reuben, Ernesto; Tymula, Agnieszka - Institute for the Study of Labor (IZA) - 2010
of the lobbying investment depends on whether or not the candidates are willing to respond and able to collude on low …-tax policies that do not harm their relative chances in the elections. In the experiment, we find that lobbying is never successful …% of societies with finitely-repeated encounters. However, lobbying investments are not always profitable, and profit …