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Exerting Influence: The Common Agency Model

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  • Graham Mallard

Abstract

type="main" xml:lang="en"> Since it was formalised in 1986, the use of the common agency model has generated important results in the fields of political influence, industrial organisation and public goods provision. A general version of the model is presented in this article, and its underlying intuition is explained, before a discussion of a topical application in each of the first two of these key fields. The article concludes with observations about the model's fruitfulness but also about its limitations and the avenues of research that remain to be examined.

Suggested Citation

  • Graham Mallard, 2015. "Exerting Influence: The Common Agency Model," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 48(2), pages 214-221, June.
  • Handle: RePEc:bla:ausecr:v:48:y:2015:i:2:p:214-221
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