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This paper considers two extensions to the standard common agency model. First, the agent’s objective need not be increasing in contributions. Second, the agent can (partially) reject contributions from the principals. Following these extensions, I generalize the concept of truthful equilibria...
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In many countries, governments involve interest groups at early stages of political decisionmaking. The idea of this is to enhance the legitimacy of the policy decision and to curb later opposition to the implementation of the policy. We show that the way and timing of interest groups...
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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 … lobbying so that less policy relevant information is available and as a result political decisions become less efficient …
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