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 …

clarify how stake asymmetry, lobbying-skill asymmetry and return to lobbying effort determine the relative desirability, from …

This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total … departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The … antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …

create doubt about scientific information, we use a signaling model of interest-group lobbying in which the policymaker has … persuasion to imply that the NGO may be a radical extremist whose lobbying is not credible. The second involves the creation of a …

We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society. …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … markets. We also consider policy implications of our analysis regarding an antitrust authority's investment decision in cartel … enforcement. -- cartel formation ; demand linkage ; antitrust enforcement …