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Meetings with costly participation: An empirical

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  • Quinn Weninger
  • Matthew tunrer

Abstract

Using data from the Mid-Atlantic surf clam and ocean quahog fishery, we find that firms with a preference for extreme, rather than moderate, policies are much more likely to participate in public meetings where regulation is determined. We also find that participation rates are higher for larger, closer, and more influential firms. These results; (1) improve our understanding of a very common institution for resource allocation, 'meetings with costly participation', (2) they refine our intuition about regulatory capture, (3) they provide broad confirmation of the recent theoretical literature predicting that polarization and bipartisanship should emerge under a variety of democratic institutions, and finally, (4) they may help to explain management problems in US fisheries

Suggested Citation

  • Quinn Weninger & Matthew tunrer, 2004. "Meetings with costly participation: An empirical," Econometric Society 2004 North American Summer Meetings 411, Econometric Society.
    • Handle: RePEc:ecm:nasm04:411
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    References listed on IDEAS

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    More about this item

    Keywords

    meetings; committees; regulation; fisheries.;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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