How can the West's economic and political polarization be explained? We argue that persuasive lobbying at various …-term lobbying infrastructure investments in a simpli_ed tax-and-spend model, the deviations between majority desires and implemented …

private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …

This paper analyses a model of electoral competition with lobbying, where candidates hold private information about … increase the effect of lobbying. If, however, the cost of running for office is sufficiently large, there is no effect of … lobbying on policy. The model thus demonstrates that uncertainty on the influence of special interests can lead to large …