 The political economy of interest groups: pressure and informationMatthias Dahm and Nicolás Porteiro No 2003057, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Abstract: We examine the incentives of an interest group to provide a political decision-maker with policy-relevant information and to exert pressure on her. Both activities are costly but may induce the lobby's preferred policy. Our paper provides an integrated analysis of both lobbying activities and leads to interesting insights into the behavior of the interest group. Moreover, we show how conclusions of models that take into account only one of these activities may change. Our main results say that the relationship between the pressure exerted and the amount of information transmitted is not monotonic, and that an increase in the amount of information that the lobby transmits may be socially harmful. This analysis has immediate implications for the current discussions in the United States and Europe concerning the reform of their respective rules of party and candidate financing. Keywords: party and candidate financing; lobbying; interest groups; experts; pressure; information; influence; political decision making process (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2003057 Access Statistics for this paper More papers in LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.