Munich Personal RePEc Archive

Lobbying for Regulation Reform by Industry Leaders

Matsumura, Toshihiro and Yamagishi, Atsushi (2016): Lobbying for Regulation Reform by Industry Leaders.

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Abstract

We investigate a free-entry market in which incumbents engage in lobbying for changing regulations, which affect the cost of all firms equally. We find that incumbents have incentive to weaken or strengthen regulations, depending on the demand condition.

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