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In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D.C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes. They exist to make profits by selling intermediaries...
Persistent link: https://www.econbiz.de/10010877950
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 special interests employ professional intermediaries called...
Persistent link: https://www.econbiz.de/10011451431
In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D.C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes. They exist to make profits by selling intermediaries...
Persistent link: https://www.econbiz.de/10010291660
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 special interests employ professional intermediaries called...
Persistent link: https://www.econbiz.de/10011444131