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This paper links the theory of interest groups influence over the legislature with that of congressional control over the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available evidence on the impact of lobbying over legislative outcomes,...
Persistent link: https://www.econbiz.de/10013225056
We study the ability of multi-group teams to undertake binary projects in a decentralized environment. The equilibrium outcomes of our model display familiar features in collaborative settings, including inefficient gradualism, inaction, and contribution cycles, wherein groups alternate taking...
Persistent link: https://www.econbiz.de/10013462704
Quantifying the value that legislators give to reelection relative to policy is crucial to understanding electoral accountability. We estimate the preferences for office and policy of members of the US Senate, using a structural approach that exploits variation in polls, position-taking and...
Persistent link: https://www.econbiz.de/10013191061
We consider dynamic processes of coalition formation in which a principal bargains sequentially with a group of agents. This problem is at the core of a variety of applications in economics and politics, including a lobbyist seeking to pass a bill, an entrepreneur setting up a start-up, or a...
Persistent link: https://www.econbiz.de/10013191078
Persistent link: https://www.econbiz.de/10011752013
Persistent link: https://www.econbiz.de/10002815973
We study a model of elections in non-majoritarian systems that captures the link between competition in policies and competition in campaign spending. We argue that the overall competitiveness of the political arena depends both on the endogenous number of parties contesting the election and the...
Persistent link: https://www.econbiz.de/10014197442
The FDA is responsible for the approval of new drugs, biological products and medical devices in the United States. As part of the approval process, the FDA relies on advisory committees, which provide independent advice from outside experts. We combine a structural approach with newly collected...
Persistent link: https://www.econbiz.de/10015056111
We consider dynamic processes of coalition formation in which a principal bargains sequentially with a group of agents. This problem is at the core of a variety of applications in economics, including lobbying, exclusive deals, and acquisition of complementary patents. In this context, we study...
Persistent link: https://www.econbiz.de/10014325262
We quantify the effect of pre-vote deliberation on the decisions of US appellate courts. We estimate a model of strategic voting with incomplete information in which judges communicate before casting their votes, and then compare the probability of mistakes in the court with deliberation with a...
Persistent link: https://www.econbiz.de/10014128551