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Bargaining in Legislatures
- D. P. Baron, J. Ferejohn
- Economics
- 1 December 1989
Bargaining in legislatures is conducted according to formal rules specifying who may make proposals and how they will be decided. Legislative outcomes depend on those rules and on the structure of…
Private Politics, Corporate Social Responsibility, and Integrated Strategy
- D. P. Baron
- Economics, Business
- 1 March 2001
This paper provides a theory of private politics in which an activist seeks to change the production practices of a firm for the purpose of redistribution to those whose interests it supports. The…
Regulating a Monopolist with Unknown Costs
- D. P. Baron, R. Myerson
- Economics
- 1 July 1982
We consider the problem of how to regulate a monopolistic firm whose costs are unknown to the regulator. The regulator's objective is to maximize a linear social welfare function of the consumers'…
A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues
- D. P. Baron
- Economics
- 1 September 1982
This paper presents a theory of the demand for investment banking advising and distribution services for the case in which the investment banker is better informed about the capital market than is…
Integrated Strategy: Market and Nonmarket Components
- D. P. Baron
- Economics, Business
- 1 January 1995
A business strategy must be congruent with the capabilities of a firm as well as both its market and nonmarket environments. The market environment includes those interactions between the firm and…
Persistent Media Bias
- D. P. Baron
- Economics
- 1 February 2004
The news media plays an essential role in society, but surveys indicate that the media is widely viewed as biased. This paper presents a theory of media bias that originates with private information…
ELECTORAL COMPETITION WITH INFORMED AND UNINFORMED VOTERS
- D. P. Baron
- Economics
- 1 March 1994
I present a model of electoral competition in which candidates raise campaign contributions by choosing policies that benefit interest groups and then expend those contributions to influence voters…
Regulation, Asymmetric Information, and Auditing
- D. P. Baron, David Besanko
- Economics
- 24 January 1984
This article analyzes a model of a regulated firm that is better informed about its cost function than is the regulator. By auditing at a cost, however, the regulator is assumed to be able to observe…
Corporate Social Responsibility and Social Entrepreneurship
- D. P. Baron
- Business, Economics
- 1 October 2005
Milton Friedman argued that the social responsibility of firms is to maximize profits. This paper examines this argument for the economic environment envisioned by Friedman in which citizens can…
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