We develop a model of monetary policy committee decision-making, building on the framework of games played through agents (GPTA). Interest groups seek to influence policy by offering action-contingent contracts to committee members. The resulting equilibrium admits a simple characterization and...

The theoretical advantage of single-issue pressure groups is that they can form broad coalitions, gathering people from across the political spectrum who need not agree on anything other than the group's single issue. For example, Women Against State Pension Inequality (WASPI) is a group that...