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components: expected social welfare and lobbying efforts. The welfare component has a positive or no effect on the utility while … the lobbying efforts have a positive, negative or no effect on the utility (ii) introducing the political culture of the …
Persistent link: https://www.econbiz.de/10011408927
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 …
Persistent link: https://www.econbiz.de/10002734085