On the value of societal commitment

Christopher Sleet
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Christopher Sleet: Carnegie Mellon University

No 132, 2009 Meeting Papers from Society for Economic Dynamics

Abstract: We study the role of costly lobbying in facilitating commitment and provide conditions under which it is socially useful.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed009:132

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