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Why are some lobby groups less benign in their external effects than others? Nearly three decades ago, Mancur Olson (1982) proposed that less-encompassing lobby groups with their constituents collectively representing a narrow range of sectors are more apt to seek the types of subsidies,...
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groups acting as intermediaries. We propose a simple theory that relates the relative costs of lobbying and the strategies … in a region, the use of indirect channels of lobbying becomes more attractive (and vice versa). We test our theory using … concentration across Russia’s regions, we find that firms in politically competitive environments, where there is less concentration …
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Inter-firm information exchange with respect to the reliability of trade partners may be unmediated in the sense that it involves direct communication between the personnel of two firms. Alternatively, this information flow may be channeled by or through an organization such as a trade...
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Inter-firm information exchange as to the reliability of trade partners supports the development of markets by mitigating information asymmetries and providing the basis for relational contracting. While this general point has been made in a variety of contexts, most of the literature analyzes...
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