up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to … a recession: (i) the lobbying of domestic, non-exporting firms, and (ii) the relationship between vulnerability, the …

prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them …

competition between the TV channels, since they take into account the fact that a lower viewer price at one channel will harm …

stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …

local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive …

of education complementary to their production. Lobbying is endogenous. We show that, if lobbying is not costly, both … social planner. However, if lobbying is costly, only one sector finds it profitable to offer monetary contribution and direct … resources towards the type of education required by its production. Which sector will engage in lobbying depends on relative …

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

In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D ….C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes … level of commercial lobbying services is typically socially inefficient, and characterize the nature of the distortions …

dynamic model of commercial lobbying in which citizens may hire lobbyists to present policy proposals on their behalf to …