IDEAS home Printed from https://ideas.repec.org/a/ecj/econjl/v120y2010i543p281-312.html
   My bibliography  Save this article

Sequential Legislative Lobbying under Political Certainty

Author

Listed:
  • MichelLe Breton
  • Vera Zaporozhets

Abstract

In this article, we analyse the equilibrium of a sequential game-theoretical model of lobbying, based on Groseclose and Snyder (1996) , describing a legislature that votes on two alternatives and two opposing lobbies, lobby 0 and lobby 1, that compete by bidding for legislators' votes. In this model there is a strong second-mover advantage, so the lobbyist moving first will make offers to legislators only if he deters any credible counter-reaction from his opponent, i.e. if he anticipates winning the battle. Our main focus is on the calculation of the smallest budget that he needs to win the game and on the distribution of this budget across the legislators. We study the impact of game's key parameters on these two variables and show the connection of this problem with the combinatorics of sets and notions from cooperative game theory. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009.

Suggested Citation

  • MichelLe Breton & Vera Zaporozhets, 2010. "Sequential Legislative Lobbying under Political Certainty," Economic Journal, Royal Economic Society, vol. 120(543), pages 281-312, March.
  • Handle: RePEc:ecj:econjl:v:120:y:2010:i:543:p:281-312
    as

    Download full text from publisher

    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0297.2009.02295.x
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Elbadawi, Ibrahim A, 1990. "The Sudan Demand for International Reserve: A Case of a Labour-Exporting Country," Economica, London School of Economics and Political Science, vol. 57(225), pages 73-89, February.
    2. Hipple, F Steb, 1979. "A Note on the Measurement of the Holding Cost of International Reserves," The Review of Economics and Statistics, MIT Press, vol. 61(4), pages 612-614, November.
    3. Lizondo, JoseSaul & Mathieson, Donald J., 1987. "The stability of the demand for international reserves," Journal of International Money and Finance, Elsevier, vol. 6(3), pages 251-282, September.
    4. Barro, Robert J, 1979. "On the Determination of the Public Debt," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 940-971, October.
    5. Ben-Bassat, Avraham & Gottlieb, Daniel, 1992. "Optimal international reserves and sovereign risk," Journal of International Economics, Elsevier, vol. 33(3-4), pages 345-362, November.
    6. Frenkel, Jacob A & Jovanovic, Boyan, 1981. "Optimal International Reserves: A Stochastic Framework," Economic Journal, Royal Economic Society, vol. 91(362), pages 507-514, June.
    7. Detragiache, Enrica, 1996. "Fiscal Adjustment and Official Reserves in Sovereign Debt Negotiations," Economica, London School of Economics and Political Science, vol. 63(249), pages 81-95, February.
    8. Alberto Alesina & Guido Tabellini, 1990. "A Positive Theory of Fiscal Deficits and Government Debt," Review of Economic Studies, Oxford University Press, vol. 57(3), pages 403-414.
    9. Vito Tanzi & Hamid R Davoodi, 1997. "Corruption, Public Investment, and Growth," IMF Working Papers 97/139, International Monetary Fund.
    10. Cukierman, Alex & Edwards, Sebastian & Tabellini, Guido, 1992. "Seigniorage and Political Instability," American Economic Review, American Economic Association, vol. 82(3), pages 537-555, June.
    11. Van Wijnbergen, Sweder, 1990. "Cash/debt buy-backs and the insurance value of reserves," Journal of International Economics, Elsevier, vol. 29(1-2), pages 123-131, August.
    12. Eaton, Jonathan & Gersovitz, Mark, 1980. "LDC participation in international financial markets : Debt and reserves," Journal of Development Economics, Elsevier, vol. 7(1), pages 3-21, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michel Le Breton & Peter Sudhölter & Vera Zaporozhets, 2012. "Sequential legislative lobbying," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(2), pages 491-520, July.
    2. Le Breton, Michel & Montero, Maria & Zaporozhets, Vera, 2012. "Voting power in the EU council of ministers and fair decision making in distributive politics," Mathematical Social Sciences, Elsevier, vol. 63(2), pages 159-173.
    3. repec:kap:pubcho:v:173:y:2017:i:1:d:10.1007_s11127-017-0470-8 is not listed on IDEAS
    4. Maik T. Schneider, 2010. "The Larger the Better? The Role of Interest-Group Size in Legislative Lobbying," CER-ETH Economics working paper series 10/126, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    5. Le Breton, Michel & Van Der Straeten, Karine, 2017. "Alliances Electorales et Gouvernementales : La Contribution de la Théorie des Jeux Coopératifs à la Science Politique," TSE Working Papers 17-789, Toulouse School of Economics (TSE), revised Jun 2017.
    6. Scott Macdonell & Nick Mastronardi, 2015. "Waging simple wars: a complete characterization of two-battlefield Blotto equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(1), pages 183-216, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:120:y:2010:i:543:p:281-312. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/resssea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.