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Campaign Spending with Office-Seeking Politicians, Rational Voters, and Multiple Lobbies
Prat, Andrea - 2008
I introduce a microfounded model of campaign finance with office-seeking politicians, a continuum of voters, and a … large number of heterogeneous lobbies. Lobbies make contributions to politicians according to a common agency framework …. Politicians use contributions to finance their electoral expenditures. Voters are not fooled by electoral expenditures: they are …
Persistent link: https://www.econbiz.de/10014192607
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Repeated lobbying by commercial lobbyists and special interests
Groll, Thomas; Ellis, Christopher J. - 2016
Using a model of repeated agency, we explain previously unexplained features of the real-world lobbying industry …. Lobbying is divided between direct representation by special interests to policymakers, and indirect representation where … analytical structure allows us to explain several trends in lobbying. For example, using the observation that in the U.S. over …
Persistent link: https://www.econbiz.de/10011444131
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Special interest groups versus voters and the political economics of attention
Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2018
Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...
Persistent link: https://www.econbiz.de/10011949175
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Special interest groups versus voters and the political economics of attention
Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2020
We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to politics. Based on 425 roll calls between 2005 and 2014 in the US House of Representatives, we show that representatives are more likely to vote...
Persistent link: https://www.econbiz.de/10012211217
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The Iceberg Theory of Campaign Contributions : Political Threats and Interest Group Behavior
Kaplan, Ethan - 2007
from 1984-2004. Our theory also predicts that special interest groups will mainly target lop-sided winners whereas general …
Persistent link: https://www.econbiz.de/10012730299
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Special interest groups versus voters and the political economics of attention
Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2024
We investigate whether US House representatives favour special interest groups over constituents in periods of low media attention to politics. Analysing 666 roll calls from 2005 to 2018, we show that representatives are more likely to vote against their constituency's preferred position the...
Persistent link: https://www.econbiz.de/10014512422
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Who is the ultimate boss of legislators : voters, special interest groups or parties?
Stadelmann, David; Torrens, Gustavo - 2020
Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of … highest weight of all principals and special interest groups lie in between. A politician's personal ideology plays no … substantial role in legislative decisions. We explore conflict among principals as well as heterogeneity among politicians. Our …
Persistent link: https://www.econbiz.de/10012425941
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Price Theory, Vote Scores, and Campaign Expenditures : Signaling or Ideology?
Lopez, Edward J.; Campbell, Noel D. - 1998
discriminating between signaling and ideology on the basis of residualized vote scores. The structural model considers a …
Persistent link: https://www.econbiz.de/10014062857
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Caps on political contributions, monetary penalties and politician preferences
Pastine, Ivan; Pastine, Tuvana - 2009
With politician preferences over policy outcomes, the effect of a contribution cap with monetary penalties for exceeding the cap is starkly different from the case with an indifferent politician. In contrast to Kaplan and Wettstein (AER, 2006) and Gale and Che (AER, 2006), a cap is never neutral...
Persistent link: https://www.econbiz.de/10009725000
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An Experimental Study of Alternative Campaign Finance Systems : Transparency, Donations and Policy Choices
Fang, Hanming - 2015
We experimentally study the transparency effect of alternative campaign finance systems on donations, election outcomes, policy choices, and welfare. Three alternatives are considered: one where donors' preferences and donations are unobserved by the candidate and public; one where they are...
Persistent link: https://www.econbiz.de/10013036789