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political power at the expenses of the median voter. In particular, investments in lobbying activities allow the rich to obtain … variable taxes and lobbying. In addition, it is established the existence of a transitional dynamics featuring convergence to a … balanced growth path, characterized by constant taxes and lobbying (and a constant growth rate of consumption and capital …
Persistent link: https://www.econbiz.de/10014461501
comparison of two treatments with and without the ex post redistribution stage in which both players may voluntarily transfer …
Persistent link: https://www.econbiz.de/10012961111
. In accordance with the theory, the empirical evidence from a sample of developed and developing democracies supports a …
Persistent link: https://www.econbiz.de/10012854035
Persistent link: https://www.econbiz.de/10012220083
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014575605
Persistent link: https://www.econbiz.de/10014549683
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014557744
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014545117
New technologies such as product simulators and virtual reality now allow firms to provide realistic product usage experiences and reduce buyer uncertainty about product quality. We argue that today's firms should view product design and investments to reduce buyer uncertainty as an integrated...
Persistent link: https://www.econbiz.de/10012973817
We analyze the incentives to disclose intermediate research results during the course of a patent contest. Despite knowledge spillovers, the leading innovator sometimes discloses to signal commitment to the project, and so potentially inducing a rival’s exit. Surprisingly, when development...
Persistent link: https://www.econbiz.de/10014206990