Structural power , information asymmetry and public policy : A signaling model of business lobbying in democratic capitalism

  • Thomas. Braeuninger
  • Published 2003
This paper analyzes the conditions that lead to the political power position of business by developing a signaling model of corporate lobbying in democratic capitalist societies. Abandoning the traditional dichotomy of structural economic determinants versus business’ political action, the model predicts under which conditions elected political… (More)