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become about issues before interest groups engage in monetary lobbying. For a range of issues, the policymaker prefers to … leads to intense lobbying competition and larger political contributions. We identify a novel benefit of campaign finance …
Persistent link: https://www.econbiz.de/10011295605
We develop a model of lobbying in which a time and resource constrained policymaker first chooses which policy …
Persistent link: https://www.econbiz.de/10011295655
Explanations are provided for why governments do as they do in agriculture. Alternative frameworks are assessed to explain government policy including collective action and politician-voter interaction models. Several key patterns of policies are analyzed including the “developmental...
Persistent link: https://www.econbiz.de/10014024090
In this paper, a group contest is analyzed, where the groups are allowed to determine their sharing rules either sequentially or simultaneously. It is found that in case the more numerous group determines its sharing rule prior to the smaller group, rent dissipation in the group contest is...
Persistent link: https://www.econbiz.de/10010366540
In a remarkably simple and yet in one of the most original and insightful observations of 20th century economics, Gordon Tullock observed that there are efficiency losses when public policies and political behavior create contestable rents. Tullock also observed that social losses from...
Persistent link: https://www.econbiz.de/10011447512
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This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a control role of the majorities. In particular, this paper...
Persistent link: https://www.econbiz.de/10011725698
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