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The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first …, lobbies are assumed to act as 'principals' and the setters of the policy (the candidates in a Downsian electoral competition … or the elected policy maker in a citizen- candidate model of electoral competition) are conceived as 'agents'. In the …
Persistent link: https://www.econbiz.de/10010261146
This paper studies how income tax rates are determined and how they are related to government corruption in the form of fund capture. A model is presented where rich voters can block redistribution by buying the votes of some poor voters. In equilibrium there is only limited redistribution and...
Persistent link: https://www.econbiz.de/10010294765
turn stimulates more intense lobbying which increases the scope of corrupt behavior. It is shown that electoral competition … special interest groups. This paper examines the nature of the interaction between the lobbying activities of special interest … groups and the incidence of political corruption and determines whether electoral competition can eliminate political …
Persistent link: https://www.econbiz.de/10010295264
on the nexus between pre-election interest group lobbying and electoral competition. …Standard spatial models of political competition give rise to equilibria in which the competing political parties or …
Persistent link: https://www.econbiz.de/10010295515
size and find a large negative council size effect. This pattern provides indirect evidence for the occurrence of lobbying …. The direction of the effect could be explained by free-riding incentives in individual lobbying effort contribution caused …
Persistent link: https://www.econbiz.de/10010321552
This paper studies the internal organizational design of politicalinstitutions in presence of lobbying. We consider a … of the feasible policies.In this context, we investigate the impact of lobbying on the optimalallocation of political … as the choicebetween two alternative legislative rules: open versus closed rule.We show that, in presence of lobbying …
Persistent link: https://www.econbiz.de/10010324782
We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions …
Persistent link: https://www.econbiz.de/10010325737
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10010325896
between a decision-maker and a lobbying party serves as a legal substitute for corruption. Due to the obvious lack of field … pure anticipation of future rewards from a lobbying party suffices to bias a decision-maker in favor of this party, even …
Persistent link: https://www.econbiz.de/10010333745
Multinational enterprises (MNEs) have started to populate also regulated sectors. Their linked international activities and credible threats to relocate are then new concerns for regulators. We study a multiprincipal model in which a privately informed MNE (the agent) produces for two countries...
Persistent link: https://www.econbiz.de/10011608515