Vote Buying II: Legislatures and Lobbying
We examine the consequences of lobbying and vote buying, assuming this prac- tice were allowed and free of stigma. Two "lobbyists" compete for the votes of legislators by offering up-front payments to the legislators in exchange for their votes. We analyze how the lobbyists' budget constraints and legislator preferences determine the winner and the payments.
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- Eddie Dekel & Matthew O. Jackson & Asher Wolinsky, 2005.
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