Artikel

Democracy, lobbying and economics

The paper deals with the issue of lobbying, defined as a democratic means of promoting interests. The text tries to find answers to the problems in the current economic theory. The basic links are defined by using a simple graphic model, which are further examined by the SWOT analysis. The result is the knowledge that the basic coordination mechanism is the market - the information market. The role of government lies above all in creating a favourable institutional environment that does not interfere with spontaneous market relations. However, there are certain situations that the government could or should regulate. These situations are described by three hypothetical scenarios - a society without lobbying, a society where lobbing exists, but it is not transparent, and a society where lobbing is transparent, leading to a final discussion of possible directions and ways of its regulation.

Sprache
Englisch

Erschienen in
Journal: Review of Economic Perspectives ; ISSN: 1804-1663 ; Volume: 19 ; Year: 2019 ; Issue: 3 ; Pages: 193-210 ; Warsaw: De Gruyter

Klassifikation
Wirtschaft
Role of Economics; Role of Economists; Market for Economists
Relation of Economics to Other Disciplines
Game Theory and Bargaining Theory: General
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Asymmetric and Private Information; Mechanism Design
Thema
Impact of Lobbying on Democracy
Public Choice
New Institutional Economy
New Political Economy

Ereignis
Geistige Schöpfung
(wer)
Žák, Milan
Ereignis
Veröffentlichung
(wer)
De Gruyter
(wo)
Warsaw
(wann)
2019

DOI
doi:10.2478/revecp-2019-0011
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Žák, Milan
  • De Gruyter

Entstanden

  • 2019

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