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We study political activism by several agents (lobbyists, unions, etc.) who have private but imperfect policy-relevant signals, and seek to influence the decisions of a policy maker. When agents can share information and coordinate their actions, the equilibrium is shown to be equivalent to that...
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People with a self-control problem often seek relief through social interactions rather than binding commitments. Thus, in self-help groups like Alcoholics Anonymous, Narcotics Anonymous etc, members are said to achieve better personal outcomes by mainly sharing their experiences. In other...
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We study political activism by several interest groups with private signals. When their ideological distance to the policymaker is small, a "low-trust" regime prevails: agents frequently lobby even when it is unwarranted, taking advantage of the confirmation provided by others' activism;...
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