PACs engaging in lobbying and campaign contributions account for the majority of such political money despite representing …-specific contributions across issues as well as issue-specific lobbying expenditures across representatives. This decomposition can …Data on campaign contributions of PACs (political action committees) in the US does not contain the PACs' issues of …

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 …

This paper presents a model of campaign contributions where a special interest group can condition its contributions … support both from contributions as well as from the implicit threat of contributing to the opponent. These out …-of-equilibrium contributions can help explain the quot;missing moneyquot; puzzle in the empirical literature. Our framework contradicts standard …

When considering contributions to electoral campaigns in the U.S., a puzzling regularity is that some industries tend …

When considering contributions to electoral campaigns in the U.S., the data reveals that total contributions within … favors, since it must provide candidates with greater contributions for campaign advertising, in order to compensate for its …

When considering contributions to electoral campaigns in the U.S., the data reveals that total contributions within … policy favors, since it must provide candidates with greater contributions for campaign advertising, in order to compensate …

reduce voter consent. Extreme interest groups must therefore adequately reward politicians by providing higher contributions …

campaign contributions to ‘buy favors’, this paper assumes that contributions influence political decisions. But, given that it … relevant information, we also assume that lobbies engage in non-negligible informational lobbying. We focus on a single … political decision to be taken and offer a simple model in which the optimal influence strategy is a mixture of both lobbying …

campaign contributions to “buy favors”, this paper assumes that contributions influence political decisions. But, given that it … relevant information, we also assume that lobbies engage in non-negligible informational lobbying. We focus on a single … political decision to be taken and offer a simple model in which the optimal influence strategy is a mixture of both lobbying …