Interest Group Competition and the Organization of Congress: Theory and Evidence from Financial Services Political Action Committees
American Economic ReviewPublished 1 March 1996Open access
Randall S. Kroszner, Thomas Stratmann
Citations375
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
Abstract
This paper develops a positive theory of how competition among political pressure groups shapes the organization of Congress and empirically investigates how such competition in financial services affects the distribution of political action committee (PAC) contributions to legislators.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
The Quarterly Journal of EconomicsA Theory of Competition Among Pressure Groups for Political Influence
4,190 Citations1983Gary S. Becker
Journal of Political EconomyThe Role of Market Forces in Assuring Contractual Performance
3,695 Citations1981Benjamin Klein, Keith B. Leffler
EconometricaThe Folk Theorem in Repeated Games with Discounting or with Incomplete Information
2,409 Citations1986Drew Fudenberg, Eric Maskin
Any individually rational payoff of a one-shot game can be approximated by sequential equilibrium payoffs of a long but finite game of incomplete information, where players' payoffs are almost certainly as in the one- shot game.
The Quarterly Journal of EconomicsPremiums for High Quality Products as Returns to Reputations
2,304 Citations1983Carl Shapiro
Journal of Political EconomyReputation Acquisition in Debt Markets
1,661 Citations1989Douglas W. Diamond
Journal of Political EconomyThe Industrial Organization of Congress; or, Why Legislatures, Like Firms, Are Not Organized as Markets
1,518 Citations1988Barry R. Weingast, William Marshall
The Western Political QuarterlyCongress: Keystone of the Washington Establishment
1,257 Citations1977Robert S. Ross, Morris P. Fiorina
American Political Science ReviewLegislators and Interest Groups: How Unorganized Interests Get Represented
726 Citations1986Arthur T. Denzau, Michael C. Munger
Cambridge University Press eBooksA theory of self-enforcing agreements
612 Citations1987Lester G. Telser
American Political Science ReviewThe Institutionalization of the U.S. House of Representatives
604 Citations1968Nelson W. Polsby
Is the Glass-Steagall Act Justified? A Study of the U.S. Experience with Universal Banking Before 1933
537 Citations2004Randall S. Kroszner, Raghuram G. Rajan
Public ChoiceThe congressional-bureaucratic system: a principal agent perspective (with applications to the SEC)
511 Citations1984Barry R. Weingast
University of Chicago Press Economics BooksThe Myth of Democratic Failure
197 Citations1997Donald Wittman
American Journal of Political ScienceAn Empirical Investigation of the Dynamics of PAC Contributions
185 Citations1994Thomas Romer, James M. Snyder
Rice University's digital scholarship archive (Rice University)The Origins of the Standing Committees and the Development of the Modern House
136 Citations1970Joseph Cooper
Southern Economic JournalLegislative Majorities as Nonsalvageable Assets
24 Citations1988W. Mark Crain, William F. Shughart +1 more
