How a firm can induce legislators to adopt a bad policy
نویسندگان
چکیده
منابع مشابه
How a Firm Can Induce Legislators to Adopt a Bad Policy
This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In equilibrium, no one vote may be decisive, so each legislator who seeks the firm’s investment votes for the poli...
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ژورنال
عنوان ژورنال: Public Choice
سال: 2012
ISSN: 0048-5829,1573-7101
DOI: 10.1007/s11127-012-0016-z