We study the effects of unequal representation in the interest group system on the degree of information transmission between a lobbyist and a policymaker. Employing a dynamic cheap talk model in which the lobbyist cares instrumentally about his reputation for truthtelling, we show that the...

Informational spillovers induce agents to outwait each other's actions in order to make more-informed decisions. If waiting is costly, we expect the best-informed agent, who has the least to learn from other agents' decisions, to take the first action. I study the interplay between informational...