Vote Buying II: Legislatures and Lobbying

Abstract

We examine the consequences of lobbying and vote buying, assuming this prac- tice were allowed and free of stigma. Two "lobbyists" compete for the votes of legislators by offering up-front payments to the legislators in exchange for their votes. We analyze how the lobbyists' budget constraints and legislator preferences determine the winner and the payments.vote buying, lobbying, legislatures, political economy.