English, Article, Journal or magazine article edition: Competitive Proposals of Policies by Lobbies Ashish Chaturvedi; Amihai Glazer

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Bookmark: http://trove.nla.gov.au/version/33851
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Competitive Proposals of Policies by Lobbies
Author
  • Ashish Chaturvedi
  • Amihai Glazer
Physical Description
  • preprint
Notes
  • We consider a policymaker who must choose between the status quo and proposals made by lobbyists. Each lobbyist aims to maximize the tariff accorded his industry, but realizes that if he proposes too high a tariff, the policymaker may choose the proposal offered by another lobbyist which incorporates a lower tariff. The equilibrium has a positive probability that the policymaker who aims to maximize social welfare adopts a tariff higher than the one he prefers.
  • RePEc:irv:wpaper:050614
Language
  • English
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