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The Political Economy of Lobbying, 2024, p.221-245
Ort / Verlag
Cham: Springer International Publishing
Erscheinungsjahr
2024
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
This chapter reviews the literature on commercial lobbying. It places this literature into the context of the broader lobbying literature. Commercial lobbyists work for for-profit organizations that sell their services as intermediaries between policymakers and special interest groups. This intermediation involves the transfer of resources from special interest groups to policymakers. These resources may be information, financial contributions, or direct involvement in legislating or campaigning. Commercial lobbyists’ actions may either complement or substitute for the activities of in-house lobbyists. The incentives faced by commercial lobbyists may be designed either by special interest groups, policymakers, or a combination of the two and depend on the institutional structure within which the actors interact. They may involve problems related to collective action, transaction costs, agency, and repeated games.