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Meetings with Costly Participation: An Empirical Analysis

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  • Matthew Turner
  • Quinn Weninger

Abstract

Using data from the Mid-Atlantic surf clam and ocean quahog fishery, we find that firms with a preference for extreme, rather than moderate, policies are much more likely to participate in public meetings where regulation is determined. We also find that participation rates are higher for larger, closer, and more influential firms. These results: (1) improve our understanding of a very common institution for resource allocation, "meetings with costly participation", (2) they refine our intuition about regulatory capture, (3) they provide broad confirmation of the recent theoretical literature predicting that polarization and bipartisanship should emerge under a variety of democratic institutions, and finally, (4) they may help to explain management problems in U.S. fisheries. Copyright 2005, Wiley-Blackwell.

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  • Matthew Turner & Quinn Weninger, 2005. "Meetings with Costly Participation: An Empirical Analysis," Review of Economic Studies, Oxford University Press, vol. 72(1), pages 247-268.
  • Handle: RePEc:oup:restud:v:72:y:2005:i:1:p:247-268
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    File URL: http://hdl.handle.net/10.1111/0034-6527.00331
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    Cited by:

    1. Sophal Chhun & Viktoria Kahui & Henrik Moller & Paul Thorsnes, 2015. "Advancing Marine Policy Toward Ecosystem-Based Management by Eliciting Public Preferences," Marine Resource Economics, University of Chicago Press, vol. 30(3), pages 261-275.
    2. R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries (now replaced by EEN0508)," Economics and Environment Network Working Papers 0501, Australian National University, Economics and Environment Network.
    3. Takanori Adachi, 2004. "Costly participation in voting and equilibrium abstention: a uniqueness result," Economics Bulletin, AccessEcon, vol. 4(2), pages 1-5.
    4. Tilman Borgers, 2004. "Costly Voting," American Economic Review, American Economic Association, vol. 94(1), pages 57-66, March.
    5. Lynham, John, 2014. "How have catch shares been allocated?," Marine Policy, Elsevier, vol. 44(C), pages 42-48.
    6. Leah Brooks & Justin Phillips & Maxim Sinitsyn, 2011. "The Cabals of a Few or the Confusion of a Multitude: The Institutional Trade-Off between Representation and Governance," American Economic Journal: Economic Policy, American Economic Association, vol. 3(1), pages 1-24, February.
    7. Saiz, Albert, 2011. "The median voter didn't show up: Costly meetings and insider rents," Regional Science and Urban Economics, Elsevier, vol. 41(5), pages 415-425, September.
    8. Gábor Virág, 2008. "Playing for Your Own Audience: Extremism in Two-Party Elections," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(5), pages 891-922, October.
    9. Dale Squires & Yongil Jeon & R. Quentin Grafton & James Kirkley, 2010. "Controlling excess capacity in common-pool resource industries: the transition from input to output controls ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(3), pages 361-377, July.
    10. Smith, Martin D. & Zhang, Junjie & Coleman, Felicia C., 2008. "Econometric modeling of fisheries with complex life histories: Avoiding biological management failures," Journal of Environmental Economics and Management, Elsevier, vol. 55(3), pages 265-280, May.
    11. Freeman, Matthew A. & Anderson, Christopher M., 2017. "Competitive Lobbying over Common Pool Resource Regulations," Ecological Economics, Elsevier, vol. 134(C), pages 123-129.
    12. Yates, K.L., 2014. "View from the wheelhouse: Perceptions on marine management from the fishing community and suggestions for improvement," Marine Policy, Elsevier, vol. 48(C), pages 39-50.
    13. Valérie Barraud-Didier & Marie-Christine Henninger & Pierre Triboulet, 2014. "La Participation des Adhérents Dans Leurs Coopératives Agricoles: Une Étude Exploratoire du Secteur Céréalier Français," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 62(1), pages 125-148, March.

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