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 … degree of openness and loss aversion of consumers. -- protectionism ; trade liberalization ; short term shocks …

just signaling for active involvement in lobbying action, since we find evidence that actual meeting attendance has a …

private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …

Using a model of repeated agency, we explain previously unexplained features of the real-world lobbying industry …. Lobbying is divided between direct representation by special interests to policymakers, and indirect representation where … analytical structure allows us to explain several trends in lobbying. For example, using the observation that in the U.S. over …

We study lobbying behavior by firms in a two-region economy, with either centralized or decentralized provision of … profit-enhancing local public goods. Firms compete either in the market, lobbying for public good provision once entered in a … market, or for the market, lobbying to gain ccess to it. When firms compete in the market, we show that lobbying is …