Changes

Jump to navigation Jump to search
no edit summary
The more interesting case is when <math>-L<s<L<math>. Here, there exists an <math>s_{D}\in(0,L)</math> such that (i) if <math>-L<s<s_{D}</math>, then the lobbyist's optimal proposal <math>x_{D}^{\ast}</math> is unique, and satisfied <math>\max(s,-s,s_{D})<x_{D}^{\ast}<L; and (ii) if <math>s\geq s_{D}</math>, then the lobbyist does nothing and s remains the policy outcome. In case (i), <math>\lim_{s\rightarrow s_{D}}x_{D}^{\ast}=s_{D}</math> and has comparative statics of <math>\partial x_{D}^{\ast}/partial s<0, \partial x_{D}^{\ast}/partial L>0</math> and <math>{\partial } x_{D}^{\ast}/partial \alpha<0</math>.
==Model Solution without Price Discrimination (2) ==
The paper continues to solve for equilibrium strategies in which the lobbyist does NOT know the individual legislator's ideal points and must offer all legislators the same bribe.
Anonymous user

Navigation menu