The optimality of ignoring lobbyists
| Authors | |
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| Publication date | 2007 |
| Number of pages | 6 |
| Publisher | Amsterdam: University of Amsterdam, School of Economics |
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| Abstract | For situations where interest groups compete in an all-pay auction for a political prize, we derive conditions under which the government optimally balances the costs and the benefits of lobbying by ignoring all lobbying activities and by always assigning the prize to the interest group with the highest ex ante value for it. |
| Document type | Working paper |
| Language | English |
| Published at | http://www1.feb.uva.nl/pp/bin/240fulltext.pdf |
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