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In this comment, it is argued that the game-theoretical analysis presented by E. Rasmusen (1993) is incomplete. First, a short description of his model is given, then a proposition stating all equilibria of the model is presented. The proposition supplements the analysis of Rasmusen by showing...
Persistent link: https://www.econbiz.de/10005067915
This paper investigates the choice of an interest group between lobbying ("words") and pressure ("actions") in order to influence a policymaker. Both lobbying and pressure are modeled as strategic means of transmitting information that is relevant to the policymaker. However, only pressure is...
Persistent link: https://www.econbiz.de/10005709066
This paper investigates the choice of an interestgroup between lobbying (``words'') and pressure(``actions'') in order to influence a policymaker. Both lobbying and pressure are modeled asstrategic means of transmitting information that isrelevant to the policymaker. However, only pressure...
Persistent link: https://www.econbiz.de/10005674591