Are Contributions Rational? Untangling Strategies of Political Action Committees
Empirical public choice literature and casual observation suggest that the behavior of political action committees is remarkably unsophisticated, meaning that political action committees give to those legislators who would support their interests anyway. Thus, it is suggested that contributor behavior deviates from rational behavior, which is a cornerstone of economic analysis. In this paper, a switching regression model is estimated that allows for strategies of political action committees to vary for different contribution recipients. The author analyzes the behavior of farm political action committees over three election cycles. In contrast to previous findings, he finds that contributor behavior is not inconsistent with rational behavior. Copyright 1992 by University of Chicago Press.
When requesting a correction, please mention this item's handle: RePEc:ucp:jpolec:v:100:y:1992:i:3:p:647-64. 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: (Journals Division)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.