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The Dynamics of Lobbying--A Differential Game

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  • Wirl, Franz

Abstract

This paper presents a dynamic model on lobbying. The interactions between two competing lobbies, who attempt to influence regulations and legislation, are modeled as a differential game. The author considers for this game first a time-consistent and then a subgame-perfect equilibrium (in linear Markov strategies). The subgame-perfect equilibrium lowers considerably lobbying activity and expenses. This provides a partial explanation of the puzzle that rent-seeking expenses are often small compared with the prize sought. Copyright 1994 by Kluwer Academic Publishers

Suggested Citation

  • Wirl, Franz, 1994. "The Dynamics of Lobbying--A Differential Game," Public Choice, Springer, vol. 80(3-4), pages 307-323, September.
  • Handle: RePEc:kap:pubcho:v:80:y:1994:i:3-4:p:307-23
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    Cited by:

    1. Bertinelli, Luisito & Camacho, Carmen & Zou, Benteng, 2014. "Carbon capture and storage and transboundary pollution: A differential game approach," European Journal of Operational Research, Elsevier, vol. 237(2), pages 721-728.
    2. Etienne Farvaque & Gael Lagadec, 2009. "Electoral Control when Policies are for Sale," CESifo Working Paper Series 2522, CESifo Group Munich.
    3. Raouf Boucekkine & Fabien Prieur & Chrysovalantis Vasilakis & Benteng Zou, 2018. "Stochastic Petropolitics: The Dynamics of Institutions in Resource-Dependent Economies," AMSE Working Papers 1810, Aix-Marseille School of Economics, Marseille, France.
    4. Beviá, Carmen & Corchón, Luis C., 2013. "Endogenous strength in conflicts," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 297-306.
    5. J. Atsu Amegashie & Marco Runkel, 2012. "The Paradox of Revenge in Conflicts," Journal of Conflict Resolution, Peace Science Society (International), vol. 56(2), pages 313-330, April.
    6. Raouf Boucekkine & Fabien Prieur & Benteng Zou, 2015. "Symmetric vs Asymmetric Equilibria and Stochastic Stability in a Dynamic Game of Legislative Lobbying," AMSE Working Papers 1531, Aix-Marseille School of Economics, Marseille, France, revised Jan 2018.
    7. Ngendakuriyo, Fabien & Zaccour, Georges, 2013. "Fighting corruption: To precommit or not?," Economics Letters, Elsevier, vol. 120(2), pages 149-154.
    8. Ian A. MacKenzie, 2009. "Controlling externalities in the presence of rent seeking," CER-ETH Economics working paper series 09/111, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    9. Shaffer, Sherrill & Shogren, Jason F., 2009. "Repeated contests: A general parameterization," Economics Letters, Elsevier, vol. 105(2), pages 159-161, November.
    10. Fabien Prieur & Benteng Zou, 2017. "On the impact of indirect competition for political influence on environmental policy," CREA Discussion Paper Series 17-16, Center for Research in Economic Analysis, University of Luxembourg.
    11. Fabien Ngendakuriyo, 2013. "Institutional Quality and Growth," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 15(1), pages 157-183, February.
    12. Hui Chen & David Parsley & Ya-Wen Yang, 2015. "Corporate Lobbying and Firm Performance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 42(3-4), pages 444-481, April.

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