Do Lawyer-Legislators Protect Their Business? Evidence from Voting Behavior on Tort Reforms
AbstractAttorneys elected to the US House of Representatives and to US state legislatures are systematically less likely to vote in favor of tort reforms that restrict tort litigation, but more likely to support bills that extend tort law. This finding is based on the analysis of 54 votes at the federal and state level between 1995 and 2012. It holds when controlling for legislators’ ideology and is particularly strong for term-limited lawyer-legislators. The empirical regularity is consistent with the hypothesis that lawyer-legislators, at least in part, pursue their business interests when voting on tort issues. Our results highlight the relevance of legislators’ identities and individual professional interests for economic policy making.
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Bibliographic InfoPaper provided by Faculty of Business and Economics - University of Basel in its series Working papers with number 2013/09.
Date of creation: 2013
Date of revision:
Lawyers; legislatures; rent-seeking; tort law; tort reform; voting behavior;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-06-04 (All new papers)
- NEP-CDM-2013-06-04 (Collective Decision-Making)
- NEP-LAW-2013-06-04 (Law & Economics)
- NEP-POL-2013-06-04 (Positive Political Economics)
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