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In the 50 years since its publication, Mancur Olson’s Logic of Collective Action has had an enormous impact on the academic literature in both economics and political science. In this review essay, I discuss Olson’s work in light of the ensuing research, particularly developments in the...
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The effect of changes in industry structure on the ability to maintain a cooperative level of tariff lobbying are analyzed in a repeated game setting in which a simple trigger strategy is the enforcement mechanism. The difficulty of maintaining cooperation is identified with the minimum discount...
Persistent link: https://www.econbiz.de/10014152782
The effect of changes in industry structure on the ability to maintain a cooperative level of tariff lobbying are analyzed in a repeated game setting in which a simple trigger strategy is the enforcement mechanism. The difficulty of maintaining cooperation is identified with the minimum discount...
Persistent link: https://www.econbiz.de/10014154002
Olson (1965) has argued that one way large groups overcome the free-rider problem is through by-product lobbying. The by-product firm sells a private good to potential members of the interest group and finances lobbying with its profits. It has been argued that by-product lobbying firms cannot...
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