Coggins, Jay S.; Graham-Tomasi, Theodore; Roe, Terry L. - Department of Applied Economics, College of … - 1988
of a "lobbying economy" in which consumers' choice of political activity simultaneously determines relative prices and … income levels. They balance the loss in income due to lobbying payments against the potential gain in wealth from a favorable … as a generalized lobbying game and prove the existence of a non-cooperative equilibrium in the game. This equilibrium is …