followed by financial crises. We explain this variation as the outcome of lobbying interests capturing the reform process. Even … by more leveraged entrepreneurs, protecting more established producers. As a result, lobbying may deliberately worsen …

This paper studies the internal organizational design of political institutions in presence of lobbying. We consider a … pattern of the feasible policies. In this context, we investigate the impact of lobbying on the optimal allocation of … of lobbying, the effectiveness of a closed rule as an incentive device towards the committee is noticeably reduced while …

We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions …