Lobbying when the Decisionmaker can acquire independent information.

Abstract In this comment it is argued that the game-theoretical analysis presented by Rasmusen (1993) is incomplete. First, a short description of his model is given, then a proposition stating all equilibria of the model is presented. The proposition supplements the analysis of Rasmusen by showing that an, in our view plausible, equilibrium is ignored. Thereupon a comprehensive equilibrium analysis leads us to qualify his argument; lobbying does not always fully substitute for independent investigation, truthful lobbying is not successful, and a lobbyist having the right information does not always gets his way.