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Corporate lobbying: A review of the recent literature

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Abstract

This survey covers recent literature on lobbying, with particular focus on corporate lobbying. Three main research traditions --- contestsfor policy rent, persuasion games, and multiple means models --- are analyzed in detail. Various strategic aspects of lobbying arepresented in the context of a single unified model that encompasses both strategic communication and monetary contributions. Next, thereview investigates into three particular issues in the lobbying literature: (i) Incentive to lobby and the equilibrium amount of lobbying,both in the presence and absence of competitors, (ii) strategic substitution and complementarity of lobbying and contributions,and (iii) the role of intermediation in lobbying. Recent evidence from corporate lobbying is presented.

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Paper provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its series Working Papers IES with number 2011/32.

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Length: 32
Date of creation: Nov 2011
Date of revision: Nov 2011
Handle: RePEc:fau:wpaper:wp2011_32

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Keywords: lobbying; political contributions; menu auction; contest; persuasion;

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