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Caps on Political Lobbying: Reply

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Author Info

  • Yeon-Koo Che

    ()
    (Columbia University)

  • Ian Gale

    ()
    (Georgetown University - Department of Economics)

Abstract

Yeon-Koo Che and Ian Gale (1998) studied the impact of imposing a cap on lobbying expenditures. They showed that a cap may lead to (1) greater expected aggregate expenditures and (2) a less efficient allocation of a political prize. In their comment, Todd Kaplan and David Wettstein (2005) show that if the cap is not rigid (i.e., its effect on the cost of lobbying is continuous) it has no effect.

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File URL: http://www.econ.columbia.edu/RePEc/pdf/DP0506-15.pdf
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Bibliographic Info

Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number 0506-15.

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Length: 15 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:clu:wpaper:0506-15

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References

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  1. Baye, M.R. & Kovenock, D. & De Vries, C., 1992. "The All-Pay Auction with Complete Information," Papers 8-92-1, Pennsylvania State - Department of Economics.
  2. repec:ags:afjare:141665 is not listed on IDEAS
  3. Che, Yeon-Koo & Gale, Ian L, 1998. "Caps on Political Lobbying," American Economic Review, American Economic Association, vol. 88(3), pages 643-51, June.
  4. Todd R. Kaplan & David Wettstein, 2006. "Caps on Political Lobbying: Comment," American Economic Review, American Economic Association, vol. 96(4), pages 1351-1354, September.
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Citations

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Cited by:
  1. Minoru Kitahara & Ryo Ogawa, 2010. "All-Pay Auctions with Handicaps," ISER Discussion Paper 0781, Institute of Social and Economic Research, Osaka University, revised Jun 2010.
  2. Dan Kovenock & Brian Roberson, 2010. "The Optimal Defense of Networks of Targets," Purdue University Economics Working Papers 1251, Purdue University, Department of Economics.
  3. René Kirkegaard, 2007. "Comparative Statics and Welfare in Heterogeneous Contests: Bribes, Caps, and Performance Thresholds," Working Papers 0702, Brock University, Department of Economics.
  4. Kline, Brendan, 2009. "A restriction on lobbyist donations," Economics Letters, Elsevier, vol. 104(3), pages 129-132, September.
  5. Ron Seigel, 2009. "Asymmetric Contests with Conditional Investments," Levine's Working Paper Archive 814577000000000201, David K. Levine.
  6. Ivan Pastine & Tuvana Pastine, 2006. "Politician Preferences and Caps on Political Lobbying," Working Papers 200619, School Of Economics, University College Dublin.
  7. Todd R. Kaplan & Shmuel Zamir, 2014. "Advances in Auctions," Discussion Paper Series dp662, The Center for the Study of Rationality, Hebrew University, Jerusalem.
  8. Ivan Pastine & Tuvana Pastine, 2009. "Caps on Political Contributions, Monetary Penalties and Politician Preferences," Working Papers 200912, School Of Economics, University College Dublin.
  9. Bos, Olivier & Ranger, Martin, 2013. "All-Pay Auctions with Polynomial Rewards," MPRA Paper 47587, University Library of Munich, Germany.
  10. Hirata, Daisuke, 2014. "A model of a two-stage all-pay auction," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 5-13.
  11. Martin Gregor, 2011. "Corporate lobbying: A review of the recent literature," Working Papers IES 2011/32, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Nov 2011.
  12. Ivan Pastine & Tuvana Pastine, 2010. "Politician preferences, law-abiding lobbyists and caps on political contributions," Public Choice, Springer, vol. 145(1), pages 81-101, October.

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