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Martínez-Sánchez, Francisco - Facultad de Economía y Empresa, Universidad de Murcia - 2010

In this paper we develop a common agency model to analyze the problem of pirates entering the market, in which the incumbent and the consumers form pressure groups to lobby the government on policies to prevent piracy while the pirates try to avoid being stopped. We show that a monopoly is not...

Persistent link: https://www.econbiz.de/10009645826

Public Contracting in Delegated Agency Games

Martimort, David; Stole, Lars - Volkswirtschaftliche Fakultät, … - 2011

simultaneously offers a menu contract to a common provider of the public good in order to induce greater supply, and a lobbying game …

Persistent link: https://www.econbiz.de/10009251555

The Impact of EMU Enlargement on Structural Reforms: A Political Economy Approach

Jaeck, Louis; Kim, Sehjeong - In: International Advances in Economic Research 20 (2014) 1, pp. 73-86

pressured by the lobbying of business interests and trade unions. Using a common agency model of lobbying, we model the impact …

Persistent link: https://www.econbiz.de/10010867078

Having Everyone in the Boat May Sink it - Interest Group Involvement and Policy Reforms

Boerner, Kira - Volkswirtschaftliche Fakultät, … - 2005

In many countries, governments involve interest groups at early stages of political decisionmaking. The idea of this is to enhance the legitimacy of the policy decision and to curb later opposition to the implementation of the policy. We show that the way and timing of interest groups...

Persistent link: https://www.econbiz.de/10005187353

Forest Conservation – Too Much or Too Little? A Political Economy Model

Eerola, Essi - In: Environmental & Resource Economics 27 (2004) 4, pp. 391-407

restricting timberharvesting. Lobbying is modelledas a common agency game with differencesin the efficiency of lobbying … environmental lobby is moreefficient in lobbying than theindustrial lobby. This is because thelobbying effort of the …

Persistent link: https://www.econbiz.de/10005684233

Policy Bias Equivalence under Common Agency

Felgenhauer, Mike - In: Journal of Economics 90 (2007) 3, pp. 295-312

Persistent link: https://www.econbiz.de/10005547098

Political Economy Reasons for Government Inertia: The Role of Interest Groups in the Case of Access to Medicines

Börner, Kira - Volkswirtschaftliche Fakultät, … - 2004

The reluctant reaction of western governments to the AIDS crisis in developing countries is only one example for policy areas where we observe a lack of political action despite a public interest in policy change. The reasons for that lie in the two-stage structure of the political...

Persistent link: https://www.econbiz.de/10005649800

Common agency with caring agents

Boultzis, Ilias - In: Economics Letters 126 (2015) C, pp. 71-74

This paper considers two extensions to the standard common agency model. First, the agent’s objective need not be increasing in contributions. Second, the agent can (partially) reject contributions from the principals. Following these extensions, I generalize the concept of truthful equilibria...

Persistent link: https://www.econbiz.de/10011189515

Common Agency and Computational Complexity : Theory and Experimental Evidence

Kirchsteiger, G.; Prat, A. - Tilburg University, Center for Economic Research - 1999

In a common agency game, several principals try to influence the behavior of an agent. Common agency games typically have multiple equilibria. One class of equilibria, called truthful, has been identified by Bernheim and Whinston and has found widespread use in the political economy literature....

Persistent link: https://www.econbiz.de/10011092188

State and Industrial Actions to Influence Consumer Behavior

Brockwell, Erik - Institutionen för Nationalekonomi, Umeå Universitet - 2014

maximizing net economic returns. This is mainly done via industry media and lobbying expenditures. We find that the main results … indicate, for cigarettes, industrial media and lobbying expenditure is statistically significant on consumption. For petroleum …, we find that producer prices, state media expenditure, and industrial lobbying expenditure are statistically significant …

Persistent link: https://www.econbiz.de/10011019141

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