Spätestens seit "Fridays for Future" ist das Thema "Klimawandel" als eines der dringlichsten Probleme unserer Zeit …

We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome …

This paper analyses a model of electoral competition with lobbying, where candidates hold private information about … increase the effect of lobbying. If, however, the cost of running for office is sufficiently large, there is no effect of … lobbying on policy. The model thus demonstrates that uncertainty on the influence of special interests can lead to large …