caa a22 4500 477077749 CHVBK 20180405111443.0 cr unu---uuuuu 170330e19960901xx s 000 0 eng 10.1007/BF00153236 doi (NATIONALLICENCE)springer-10.1007/BF00153236 Johnson Paul Department of Political Science, University of Kansas, 66045, Lawrence, Kansas, USA aut Corporate political offices in a rent-seeking society [Elektronische Daten] [Paul Johnson] This paper explores the logic of a corporation's decision whether to create a political lobbying department or to hire fee-for-service lobbyists. it does so by adapting the rent-seeking model of interest group behavior (Tullock 1980; Rowley, Tollison & Tullock 1988; Hillman & Riley 1989) in a sequential game. After the corporation decides whether or not to create an internal political department, a public interest group determines whether it will challenge a government policy that benefits the corporation. In the final period, the corporation can continue to fund its in-house political staff or it can hire political influence from outside the firm. The analysis focuses on the logic of the interaction of the corporation and the public interest group. The analysis compares the results obtained by a subgame perfect equilibrium analysis and another game that allows the corporation to precommit itself to a long-term political department. A variety of comparative statics results are discussed. Kluwer Academic Publishers, 1996 Public Choice Kluwer Academic Publishers; http://www.wkap.nl 88/3-4(1996-09-01), 309-331 0048-5829 88:3-4<309 1996 88 11127 https://doi.org/10.1007/BF00153236 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00153236 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Johnson Paul Department of Political Science, University of Kansas, 66045, Lawrence, Kansas, USA aut NATIONALLICENCE 773 0- Public Choice Kluwer Academic Publishers; http://www.wkap.nl 88/3-4(1996-09-01), 309-331 0048-5829 88:3-4<309 1996 88 11127 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer