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We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group, public goods provision level, and how to share the...
Persistent link: https://www.econbiz.de/10011694996
International economic sanctions have become increasingly important as alternatives to military conflict since the end of the Cold War. This chapter surveys various approaches to the study of economic sanctions in both the economics and international relations literatures. Sanctions may be...
Persistent link: https://www.econbiz.de/10014024402
We consider a two-stage public goods provision game: In the first stage, players simultaneously decide if they will join a contribution group or not. In the second stage, players in the contribution group simultaneously offer contribution schemes in order to influence the government's choice on...
Persistent link: https://www.econbiz.de/10014219141
The literature on both entry deterrence and the influence of special interest groups is extensive. In this paper we attempt to marry these strands of literature by developing a model of entry deterrence through interest group influence in an entry re-regulation context. In contrast to other...
Persistent link: https://www.econbiz.de/10001712316
We experimentally study the common wisdom that money buys political influence. In the game, one lobbyist has the opportunity to influence redistributive tax policies in her favor by transferring money to two competing candidates. The success of the lobbying investment depends on whether or not...
Persistent link: https://www.econbiz.de/10014042777
Gilligan and Krebbiel (1989) analyse bipartisanship in committees through a model in which committee ideal points are exactly symmetric about the floor's ideal point. This article has three objectives: it shows that the Gilligan and Krebbiel equilibrium does not generalize to asymmetric...
Persistent link: https://www.econbiz.de/10014215301
We analyze a simple stochastic environment where policymakers can be threatened by "nasty" interest groups. In the absence of these groups, the policymaker's desire for reelection guarantees that good policies are implemented for every realization of the shock. When pressure groups can harass...
Persistent link: https://www.econbiz.de/10014107151
Lobbying is studied in a series of signaling game experiments. Students as well as professional lobbyists are used as subjects. In contrast with some earlier studies, comparing students and professionals, we find significant differences in the behavior of the two subject pools. Professional...
Persistent link: https://www.econbiz.de/10014141205
International environmental agreements (IEAs) are increasingly important in a globalized economy. The aim of our paper is study the effect of political pressure groups-lobbies- on the size and stability of IEAs. To this purpose we use the framework of two-level games to explain how national...
Persistent link: https://www.econbiz.de/10012964613
We experimentally study the common wisdom that money buys political influence. In the game, one lobbyist has the opportunity to influence redistributive tax policies in her favor by transferring money to two competing candidates. The success of the lobbying investment depends on whether or not...
Persistent link: https://www.econbiz.de/10013132418