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Lobbying and Legislative Bargaining

Author

Listed:
  • Helpman, E.
  • Persson, T.

Abstract

Economic policymaking in modern democracies generates a great deal of special-interest politics. In policy areas such as finance, trade policy, and regulation, policy decision create benefits for well-defined groups with the cost borne by society at large. Given the difficulties with the aggregation of preferences, social chioces are often ill defined. Such difficulties can be resolved, however, by suitable institutional arrangements. As a result, many reserachers have examined the institutional details of the policy process in order to predict likely policy outcomes.

Suggested Citation

  • Helpman, E. & Persson, T., 1998. "Lobbying and Legislative Bargaining," Papers 08-98, Tel Aviv.
    • Handle: RePEc:fth:teavfo:08-98
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    BARGAINING ; POLITICS ; SOCIAL CHOICE;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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