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

reduce lobbying. However empirical evidence suggests that this is not always the case. This paper attempts to explain the … measure lobbying in two ways: (i) the number of lobbies formed under the two settings and, (ii) their impact on policy … offset their influence on policy; however it is possible that the threat of lobbying may affect policy even when no lobby …

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 …