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decision-maker and to exert political pressure on her. We show that both lobbying instruments are interdependent. In our view … constraints governing informational lobbying determine a specific lottery available. The circumstances under which political … risk. The combination of lotteries available and induced risk preference determines the optimal lobbying behavior. Our …
Persistent link: https://www.econbiz.de/10003780387
. -- all-pay auctions ; reserve price ; economic theory of lobbying … assuming a fully-informed seller in the literature on the application of all-pay auction to lobbying games, while they appear …
Persistent link: https://www.econbiz.de/10003321999
This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], "Protection for sale", American Economic Review, 84, 4, 833-850] to include sanctions from...
Persistent link: https://www.econbiz.de/10003806719
in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …
Persistent link: https://www.econbiz.de/10003850512
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show that if donations were prohibited, then a unique equilibrium regarding the platform choices of candidates would exist. Our game with financing of political campaigns exhibits two...
Persistent link: https://www.econbiz.de/10003897539
regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. -- Multinational enterprises ; regulation ; policy formation … ; lobbying ; interest groups ; foreign direct investment …
Persistent link: https://www.econbiz.de/10008696003
In this paper we investigate the role of judicial control of lobbying activities in an endogenous policy framework …, focusing on two dimensions of quality of the judiciary, namely efficiency and integrity. We present a multi-layer lobbying … different institutional arrangements as to judicial independence. -- Illegal lobbying ; Endogenous policy making ; Judicial …
Persistent link: https://www.econbiz.de/10003971532
We develop a model of legislative lobbying where policy proposals are endogenous. We show that a policy proposer with … Groseclose and Snyder (1996)-type lobbying models with exogenous policy proposals can turn into a second-mover disadvantage when …
Persistent link: https://www.econbiz.de/10008746474
political uncertainty. -- lobbying ; climate policy …
Persistent link: https://www.econbiz.de/10009511758
small spending by special interests. -- lobbying ; voting ; special interests ; credibility …
Persistent link: https://www.econbiz.de/10009532679