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A Democratic Model of the `Rent-Sought' Benefit Cycle

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Author Info
Beenstock, Michael

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Abstract

Lobby groups press for various administrative concessions which are granted at the expense of the rest of society. This paper tries to explain why sometimes the rest of society does not prevent the lobbies from exploiting them while at other times it protests against the injustice. It also suggests why after a while the public may demand a reform in which the concessions are abolished. The basic analytical insight is that there may be an externality to successful lobbying; when one group succeeds this establishes a precedent that makes it easier for other groups to succeed. The chain reaction that is thus triggered may be to the advantage of a majority of the electorate.

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Publisher Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 289.

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Date of creation: Apr 1989
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Handle: RePEc:cpr:ceprdp:289

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Related research
Keywords: Democracy; Externalitics; Lobby Groups; Majority Voting; Political Economy; Public Choice;

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This page was last updated on 2009-12-21.


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