Showing 1 - 10 of 27
sectors. We explain this with a lobbying model that allows for entry and sunk costs. Specifically, policy is influenced by … pressure groups that incur lobbying expenses to create rents. In expanding industries, entry tends to erode such rents, but in …
Persistent link: https://www.econbiz.de/10010884692
This paper studies the impact of the competition between lobbies and voters on policy outcomes under alternative …
Persistent link: https://www.econbiz.de/10010928625
Washington's 'revolving door' - the movement from government service into the lobbying industry - is regarded as a …
Persistent link: https://www.econbiz.de/10010745205
Persistent link: https://www.econbiz.de/10010745236
interpreted as the reduced form of various political economy models of voting and lobbying. We consider three special cases: a …
Persistent link: https://www.econbiz.de/10010745559
In the last few years, a new area has emerged in economic theory, which goes under the heading of 'incomplete contracting'. However, almost since its inception, the theory has been under attack for its lack of rigorous foundations. In this paper we evaluate some of the criticisms that have been...
Persistent link: https://www.econbiz.de/10010746414
stems from more intensive competition, manifested through external economies of scale and longer production runs. We finish …
Persistent link: https://www.econbiz.de/10010884525
This paper examines whether or not hospital competition in a market with fixed reimbursement prices can prompt …. This paper assesses whether this aim has been achieved and competition led to improvements in quality. For our estimation … improved) for patients living in more competitive markets after the introduction of hospital competition in January 2006. Our …
Persistent link: https://www.econbiz.de/10010884675
integration emerges whether there is Cournot or Bertrand competition in the input market. The degree of integration in the …
Persistent link: https://www.econbiz.de/10010928628
This paper centres around the question of ownership of firms and managerial competition and how these affect managers … affected by both ownership and competition since both ownership structure and competition provide bargaining chips to employees … fierce market competition and no lock-in the allocation of ownership does not play a role (as one might expect), provided …
Persistent link: https://www.econbiz.de/10010928689