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

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 …

partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external …

-level policies that increase tax avoidance opportunities, the results of the empirical model broadly confirm our theory …