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This paper applies a utilitarian analysis to corporate political donations. Unlike the more common rights-based analyses, it is argued that the optimal policy is the one that best satisfies society’s rational preferences concerning donor influence, adequate financing, donor pressure and the...
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This paper examines political action committees? motivations for giving campaign contributions to candidates for political office. First, the paper estimates the effect of campaign contributions received by candidates on the outcomes of the 1996 elections to the U.S. House of Representatives....
Persistent link: https://www.econbiz.de/10014170919
Despite all the work on how campaign donations influence politician's behavior, the nagging question of whether contributions alter how the politician votes or whether these contributions constitute support for like-minded individuals remains unresolved. By combining the campaign contributions...
Persistent link: https://www.econbiz.de/10014130499
This paper examines the effects of lobbying activities across international borders, on determining each country … foreign lobbying groups with the same weight, Pareto-efficient tariffs are attained at which world welfare is maximized …
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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
We propose a forensic approach to investigate the politico-economic forces that influence narrow vote outcomes in legislative assemblies. Applying nonparametric estimation techniques to a data set covering all roll call votes between 1990 and 2014, we can identify the existence of precise...
Persistent link: https://www.econbiz.de/10011509565