Nitzan, Shmuel; Epstein, Gil S. - 2021
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first …, lobbies are assumed to act as 'principals' and the setters of the policy (the candidates in a Downsian electoral competition … or the elected policy maker in a citizen-candidate model of electoral competition) are conceived as 'agents'. In the …