This paper empirically investigates market behavior and firms’ lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …

This paper empirically explores the relationship between firms’ market behavior and their lobbying activities in a … structurally estimate market interactions while taking the potential endogeneity of lobbying decisions into account. Our results … higher. Furthermore, we reject the hypothesis that lobbying activities can be regarded as exogenous in the study of market …

This paper empirically investigates market behavior and firms' lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …

This paper empirically explores the relationship between firms' market behavior and their lobbying activities in a … structurally estimate market interactions while taking the potential endogeneity of lobbying decisions into account. Our results … higher. Furthermore, we reject the hypothesis that lobbying activities can be regarded as exogenous in the study of market …

This paper empirically investigates market behavior and firms’ lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …

, aber nicht sehr signifikant wirkte. Das Lobbying mancher Unternehmen war hierbei so erfolgreich, dass gerade solche Märkte … Gleichschaltung der politischen Ziele unter den Unternehmen fördert und damit weniger Lobbying nötig ist, um die so koordinierte Ziele … a regulatory design and firms' pricing behavior. I show that, through their lobbying activities, firms endogenously …