The pluralistic view of politics: Asymmetric lobbyists, ideological uncertainty and political entry
Martimort, D. Semenov, A.
Martimort, D.
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Abstract
The decision-maker chooses a policy on behalf of two principals and has private information about his ideology. The decision-maker's expected rent can be fully extracted by congruent principals but not when principals' objectives are too conflicting. © 2007 Elsevier B.V. All rights reserved.
Keywords
Common agency, Lobby, Pluralistic politics
Source Title
Economics Letters
Publisher
Series/Report No.
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Date
2007
DOI
10.1016/j.econlet.2007.02.036
Type
Article