Lobbying for Regulation Reform by Industry Leaders
Lobbying for Regulation Reform by Industry Leaders
复制标题
行业领袖游说监管改革
DOI:
10.1007/s11149-017-9334-x
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发表时间:
2017
影响因子:
1.1
通讯作者:
Matsumura Toshihiro and Yamagishi Atsushi
中科院分区:
文献类型:
--
作者:
阿部修人;稲倉典子;遠田俊樹;外木暁幸;Matsumura Toshihiro and Ogawa Akira;Akiyuki Tonogi;外木 暁幸;Matsumura Toshihiro and Yamagishi Atsushi
We investigate a free-entry market in which incumbents lobby for regulatory changes that affect the cost for all firms equally. First, we investigate a model in which the lobbying affects marginal costs and incumbents produce before followers enter. We find that incumbents have an incentive to weaken or strengthen regulations depending on the simple demand condition. Next, we discuss the case of Cournot competition and illustrate that cost asymmetry may induce incumbents to engage in cost-raising lobbying. Finally, we examine a model in which lobbying affects fixed costs and find that incumbents have an incentive to strengthen regulations unless they are substantially less efficient than followers are.