Wealth constraints, lobbying and the efficiency of public allocation.

Part of a special issue on the papers and proceedings of the Fourteenth Annual Congress of the European Economic Association, held in Santiago de Compostela from September 1 to 4, 1999. Building on their analysis of the role of lobbying as a form of political participation that conveys information...

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Publicado en:European Economic Review Vol. 44; no. 4/6; pp. 694 - 706
Autores principales: Esteban Joan, Ray, Debraj
Formato: Artículo
Publicado: Elsevier Science May 2000
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Wealth constraints, lobbying and the efficiency of public allocation.
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        au:
          Esteban Joan
          Ray, Debraj
      su:
        Information theory in economics
        Resource allocation -- Mathematical models
        Mathematical models of economic development
        Lobbyists
        Lobbying
        Mathematical models of political participation
        Wealth
        Mathematical models
      sug:
        subj:
          Information theory in economics
          Resource allocation -- Mathematical models
          Mathematical models of economic development
          Lobbyists
          Lobbying
          Mathematical models of political participation
          Wealth
          Mathematical models
      ab: Part of a special issue on the papers and proceedings of the Fourteenth Annual Congress of the European Economic Association, held in Santiago de Compostela from September 1 to 4, 1999. Building on their analysis of the role of lobbying as a form of political participation that conveys information to the government on the value attached by each player to receiving a permission, the writers characterize the different types of equilibria and the corresponding losses that can arise under different distributions of wealth. They summarize their main approach and explore the special case of perfect wealth equality. Finally, they demonstrate that the nature of signaling equilibria is critically influenced by per-capita wealth.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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