Laussel, Didier; van Ypersele, Tanguy - In: European Economic Review 56 (2012) 8, pp. 1593-1606
In this paper, a lobby group or union may influence public policy because it is able, via a costly signal such as a boycott or a strike, to negatively impact the image of decision makers. The competence of a government is measured by its ability to do a lot with only a little money. Voters...