We show how an outside party offering incentives to voters can manipulate at no cost collective decisions made through voting. Under influence, these decisions can become inefficient. Therefore, the market for policies may be more likely to fail than the markets for goods, because (democratic) politics involves influence and collective decisions to a greater extent than markets for goods do. We develop and use a model to analyze different incentive schemes, credibility situations, and payoff and information structures. We discuss implications for the efficiency of democracy, voting, lobbying, committee decision making, and legislatures.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number
039.
Find related papers by JEL classification: D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Morten Bennedsen & Sven E. Feldmann, 2002.
"Lobbying Legislatures,"
Journal of Political Economy,
University of Chicago Press, vol. 110(4), pages 919-948, August.
[Downloadable!] (restricted)
Other versions:
Morten Bennedsen & Sven E. Feldmann, 2000.
"Lobbying Legislatures,"
CIE Discussion Papers
2000-04, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
[Downloadable!]
Bennedsen, Morten & Feldmann, Sven E., 2000.
"Lobbying Legislatures,"
Working Papers
07-2000, Copenhagen Business School, Department of Economics.
[Downloadable!]
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)