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Lobbying and Legislative Bargaining

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Author Info

  • Helpman, E.
  • Persson, T.

Abstract

Economic policymaking in modern democracies generates a great deal of special-interest politics. In policy areas such as finance, trade policy, and regulation, policy decision create benefits for well-defined groups with the cost borne by society at large. Given the difficulties with the aggregation of preferences, social chioces are often ill defined. Such difficulties can be resolved, however, by suitable institutional arrangements. As a result, many reserachers have examined the institutional details of the policy process in order to predict likely policy outcomes.

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Bibliographic Info

Paper provided by Tel Aviv in its series Papers with number 08-98.

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Length: 46 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:teavfo:08-98

Contact details of provider:
Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Phone: 972-3-640-9255
Fax: 972-3-640-5815
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Web page: http://econ.tau.ac.il/research/foerder.asp
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Keywords: BARGAINING ; POLITICS ; SOCIAL CHOICE;

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References

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  1. Dixit, Avinash & Grossman, Gene M. & Helpman, Elhanan, 1997. "Common Agency and Coordination: General Theory and Application to Government Policy Making," Scholarly Articles 3450061, Harvard University Department of Economics.
  2. Austen-Smith, David & Banks, Jeffrey., 1987. "Elections, Coalitions, and Legislative Outcomes," Working Papers 643, California Institute of Technology, Division of the Humanities and Social Sciences.
  3. Gene M. Grossman & Elhanan Helpman, 1992. "Protection For Sale," NBER Working Papers 4149, National Bureau of Economic Research, Inc.
  4. Daniel Diermeier & Timothy J. Feddersen, 1996. "Disciplined Coalitions and Redistribution: The Effect of the Vote of Confidence Procedure on Legislative Bargaining," Discussion Papers 1171, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  5. Assar Lindbeck & J├Ârgen Weibull, 1987. "Balanced-budget redistribution as the outcome of political competition," Public Choice, Springer, vol. 52(3), pages 273-297, January.
  6. John Ferejohn, 1986. "Incumbent performance and electoral control," Public Choice, Springer, vol. 50(1), pages 5-25, January.
  7. McKelvey, Richard D. & Riezman, Raymond., 1990. "Seniority in Legislatures," Working Papers 725, California Institute of Technology, Division of the Humanities and Social Sciences.
  8. Grossman, Gene M & Helpman, Elhanan, 1996. "Electoral Competition and Special Interest Politics," Review of Economic Studies, Wiley Blackwell, vol. 63(2), pages 265-86, April.
  9. Diermeier, Daniel & Feddersen, Timothy J., 1998. "Comparing constitutions:: Cohesion and distribution in legislatures," European Economic Review, Elsevier, vol. 42(3-5), pages 665-672, May.
  10. Persson, Torsten, 1998. "Economic Policy and Special Interest Politics," Economic Journal, Royal Economic Society, vol. 108(447), pages 310-27, March.
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