“informational lobbying market” and can be easily incentivized by policymakers to truthfully reveal private information. We also show …

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate …

The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …

lobbying, because now decisions are too sensitive to the preferences of the organised group. …

We study the role of firms in the political economy of trade agreements. Using detailed information from lobbying … reports filed under the Lobbying Disclosure Act, we find that virtually all firms that lobby on free trade agreements (FTAs …) support their ratification. Moreover, relative to non-lobbying firms, lobbying firms are larger, and more likely to be engaged …