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In this paper we develop a common agency model to analyze the problem of pirates entering the market, in which the incumbent and the consumers form pressure groups to lobby the government on policies to prevent piracy while the pirates try to avoid being stopped. We show that a monopoly is not...
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simultaneously offers a menu contract to a common provider of the public good in order to induce greater supply, and a lobbying game …
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pressured by the lobbying of business interests and trade unions. Using a common agency model of lobbying, we model the impact …
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