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 where voters or their representative support the policy. In equilibr...
| Main Authors: | , , |
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| Format: | Article |
| Published: |
Springer
2014
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/47271/ |