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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
This paper studies the internal organizational design of political institutions in presence of lobbying. We consider a … pattern of the feasible policies. In this context, we investigate the impact of lobbying on the optimal allocation of … of lobbying, the effectiveness of a closed rule as an incentive device towards the committee is noticeably reduced while …
Persistent link: https://www.econbiz.de/10005137098
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/10011257116
In this article we propose the mathematical model for revelation of deliberate unfriendly information impacts which are fulfilled by means of specially prepared information messages (news, reviews and others) in mass-media. The model calculates the quantitative measure for fact determination of...
Persistent link: https://www.econbiz.de/10008464305
Self-interested agents (e.g., interest groups, researchers) produce verifiable evidence in an attempt to convince a principal (e.g., legislator, funding organization) to act on their behalf (e.g., introduce legislation, fund research). Agents provide less informative evidence than the principal...
Persistent link: https://www.econbiz.de/10009651331
A principal must decide whether to implement each of two independent proposals (e.g., earmark requests, policy reforms, grant funding) of unknown quality. Each proposal is represented by an agent who advocates by producing evidence about quality. Although the principal prefers the...
Persistent link: https://www.econbiz.de/10009294300
This survey covers recent literature on lobbying, with particular focus on corporate lobbying. Three main research … aspects of lobbying arepresented in the context of a single unified model that encompasses both strategic communication and … monetary contributions. Next, thereview investigates into three particular issues in the lobbying literature: (i) Incentive to …
Persistent link: https://www.econbiz.de/10009351622
I develop a model of rent seeking with informational foundations and an arbitrary number of rent seekers, and I compare the results with Tullock's (1980) classic model where the influence activities are "black-boxed." Given the microfoundations, the welfare consequences of rent seeking can be...
Persistent link: https://www.econbiz.de/10005677854
We study a game in which a sender with verifiable private information has to pay an access fee that is announced by a receiver to be able to convey her message to the receiver. The setting is motivated by the literature of pay-and-lobby politics, which finds that politicians decide to schedule...
Persistent link: https://www.econbiz.de/10011078532
Economists usually think that rational voters have little incentives to acquire costly information. We present a theoretical model to show that, in contrast to this widely held belief, rational voters acquire considerable amounts of information if media technology is available because then they...
Persistent link: https://www.econbiz.de/10010877742