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regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. …
Persistent link: https://www.econbiz.de/10010315488
We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a … restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both … firms. Private lobbying increases the individual pollution standard of the lobbying firm, but has a negative or zero effect …
Persistent link: https://www.econbiz.de/10010315572
This paper introduces an alternative to the lobbying literature's standard assumption that money buys policies. Our … much stronger lobbying incentives weaken the free-rider problem and raise incentives for lobby formation. Third, the model … yields testable hypotheses on: the determinants of lobbying incentives; the number of lobbying firms in an industry; and the …
Persistent link: https://www.econbiz.de/10010308242
This paper investigates if multinationals in.uence the political process through lobbying more effectively than … national firms. First, I introduce a model which contrasts a multinational's incentives for lobbying with those of a national … firm. Then the effect of lobbying on the political decision is analyzed. I conclude that multinationals have smaller …
Persistent link: https://www.econbiz.de/10010315594
This paper surveys recent approaches towards lobbying if interest groups influence the decision of an incumbent … transmission of information through lobbying. Recent extensions to the two basic lobbying models are discussed in great detail … into a general lobbying model. The survey concludes with a summary of the main insights and indicates promising directions …
Persistent link: https://www.econbiz.de/10010315606
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …
Persistent link: https://www.econbiz.de/10010261146
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the … economic and environmental consequences anticipated by this theory, it proceeds with a description of the common elements these … consequences of adopting these approaches is juxtaposed with the expectations created by the economic theory of tradable permits …
Persistent link: https://www.econbiz.de/10011335705
Groups not only as a long run phenomenon but also in a short-run perspective, integrating it into the theory of political …-groups theory and the endeavors of governments to win the majority of votes in elections could look like, before we perform a time …
Persistent link: https://www.econbiz.de/10010270371
Mancur Olson's theory of the decline of nations is path-breaking in political economics. It has been tested cross …
Persistent link: https://www.econbiz.de/10010270375