Lobbying as Legislative Subsidy
Abstract
Professional lobbyists are among the most experienced, knowledgeable, and strategic actors one can find in the everyday practice of politics. Nonetheless, their behavioral patterns often appear anomalous when viewed in the light of existing theories. We revisit these anomalies in search of an alternative theory. We model lobbying not as exchange (vote buying) or persuasion (informative signaling) but as a form of legislative subsidy—a matching...
Paper Details
Title
Lobbying as Legislative Subsidy
Published Date
Feb 1, 2006
Volume
100
Issue
1
Pages
69 - 84
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