Contests are well-established mechanisms for political lobbying, innovation, rentseeking, incentivizing workers, and … diminishes discouragement in weaker contestants. The impact on revenue is more intricate. In contrast to theory, a strict bid …-cap does not increase revenue, but a mild bid-cap can increase revenue even when not predicted by theory. Our data also show …

Many decisions taken in legislatures or committees are subject to lobbying efforts. A seminal contribution to the … literature on vote-buying is the legislative lobbying model pioneered by Groseclose and Snyder (1996), which predicts that … additional treatments with simultaneous moves. We find that lobbies buy supermajorities as predicted by the theory. Our results …

equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …

elections (exogenous elections) andthe decision is salient and the election outcome depends on it (endogenous elections).We show …

stops experimentation prematurely because an imminent election increases the potential to lose power if he undertakes risky …