This paper provides a comprehensive treatment of a basic income maintenance problem. It stresses the impact that imperfect information has on program design. First, the authors are able to unify the theoretical literature on the income maintenance problem. Second, they examine the impact of...

This paper studies the impact of lobbying on political competition and policy outcomes in a framework which integrates the citizen-candidate model of representative democracy with the menu-auction model of lobbying. Positive and normative issues are analysed. On the positive side, lobbying need...