antitrust agency and where transparency - while making lobbying less effective - also implies real resource costs. We examine … regulatory failures. We find that under a welfare standard, lobbying leads to the clearance of relatively inefficient mergers … relatively efficient mergers that would increase welfare (i.e. there is a type I error). Lobbying actually reduces the extent to …

private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …

maker does not react unless all of them are actively lobbying. In a ‘mutual discipline’ or high-trust equilibrium, by …

trade policy reform in the 1990s. …

the role of the guilds' social capital. We then extend the model to analyze the key trade-offs faced by rulers in choosing …

The paper studies attitudes toward immigration and trade using an opinion survey of two thousand French individuals. We … find that, beyond usual Stolper-Samuelson effects (skilled individuals are more pro-free trade than others, as in other … countries) attitudes toward trade and immigration are correlated and both are ideologically loaded. Right-wing affiliation is …

oceanic trade. Moreover, Atlantic ports grew much faster than other West European cities, including Mediterranean ports …. Atlantic trade and colonialism affected Europe both directly and indirectly by inducing institutional changes. In particular …, the growth of New World, African and Asian trade after 1500 strengthened new segments of the commercial bourgeoisie and …

This Paper assesses the foreign lobbying forces behind the tariff preferences that the United States grants to Latin … relationship between foreign lobbying and tariff preferences. Results suggest that returns to Latin American exporters lobbying for …