Organized Interests and Self-Regulation: An Economic Approach

Organized Interests and Self-Regulation: An Economic Approach

Organized Interests and Self-Regulation: An Economic Approach

Organized Interests and Self-Regulation: An Economic Approach

Synopsis

This collected volume studies the role of organized interests in collective decision-making and the emergence of self-regulation. In democratic settings, organized interests play a role at the legislative stage, affecting the outcome through lobbying activity. While pressure groups and lobbying are a traditional topic in public choice theory, the incentives to maintain private rules and enforcement through self-regulation is a less developed research area in political economy. The book provides a balanced mix of theoretical and empirical papers in traditional public choice, addressing the issues of how organized interest affect legislation and self-regulation, investigating the incentives and the problems related to the private enforcement of law.
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