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We present a citizen-candidate model on a multidimensional policy space with lobbying, where citizens regard some … offset the effect of lobbying on the implemented policy. This result is in sharp contrast with previous work on … unidimensional citizen-candidate models that predict the irrelevance of lobbying on the implemented policy. In an extension of the …
Persistent link: https://www.econbiz.de/10011729170
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012126192
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012103631
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 …
Persistent link: https://www.econbiz.de/10011703380
Congress roll call votes on financial liberalisation were biased by industry-led campaign contributions and lobbying activities …
Persistent link: https://www.econbiz.de/10014370438
insurance regulation, and profits in the dialysis market. …
Persistent link: https://www.econbiz.de/10015397274
This paper tests for political agency effects, that is, whether governments that were ex post re-elected performed better than those who were replaced, and whether re-elected governments performed better than newly elected ones. As a testing ground, I use Swedish local governments which offer a...
Persistent link: https://www.econbiz.de/10014050374
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10014205871
Conventional wisdom suggests that compulsory voting lowers the influence of specialinterest groups and leads to policies that are better for less privileged citizens, who often abstain when voting is voluntary. To scrutinize this conventional wisdom, I study public goods provision and rents to...
Persistent link: https://www.econbiz.de/10008758913
small spending by special interests. -- lobbying ; voting ; special interests ; credibility …
Persistent link: https://www.econbiz.de/10009532679