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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 …
Persistent link: https://www.econbiz.de/10011444131
How can the West's economic and political polarization be explained? We argue that persuasive lobbying at various …-term lobbying infrastructure investments in a simpli_ed tax-and-spend model, the deviations between majority desires and implemented …
Persistent link: https://www.econbiz.de/10012649786
Persistent link: https://www.econbiz.de/10003496844
When voters' trust in politicians collapses, they demand simple policies that they can easily monitor. Disenchanted citizens therefore prefer committed delegates to politicians who propose themselves as competent policy makers but without a specific policy commitment (trustees). In a two-party...
Persistent link: https://www.econbiz.de/10012697941
We study how the opportunity to trade in trash might influence the equilibrium outcome when the tax on the externality is determined by a political economy process. In our model, individuals have heterogeneous preferences for environmental quality, and there is a leakage when funds are...
Persistent link: https://www.econbiz.de/10012263837
"informational lobbying market" and can be easily incentivized by policymakers to truthfully reveal private information. We also show …
Persistent link: https://www.econbiz.de/10011933912
Pressure groups may use bribes, violence, or a combination of both to bend politics to their will, and the choice between these methods of influence can vary depending on the type of institutional regime. We empirically investigate the dynamics of bribes and violence around elections in...
Persistent link: https://www.econbiz.de/10015057721
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012103631
in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …
Persistent link: https://www.econbiz.de/10003850512
allowing for the possibility that policymakers also may be influenced by the rent-seeking (lobbying) behavior of businesses …
Persistent link: https://www.econbiz.de/10003985850