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Persistent link: https://www.econbiz.de/10003353493
Policymakers face time and resource constraints in investigating issues and formulating policies. How do these constraints a§ect information transmission by informed but biased interest groups? We study this question using a model in which interest groups lobby a policymaker by o§ering...
Persistent link: https://www.econbiz.de/10012542452
This paper studies the role of subpoena power in enabling policymakers to make better informed decisions. In particular, we take into account the effect of subpoena power on the information voluntarily supplied by interest groups as well as the information obtained by the policymaker via the...
Persistent link: https://www.econbiz.de/10012542499