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More Lobbying is Better

More Lobbying could be Better for the Industry and the Public

Research by UCLA Anderson’s Henry L. Friedman and University of Pennsylvania’s Mirko S. Heinle uses an understanding of the industry’s internal dynamics to better understand its impact on the industries it represents. Research suggests making the influence industry more competitive, might be better. With the banking industry in mind, the theoretical study comes to the conclusion that lobbying decreases, and regulatory quality increases, when competition in the lobbyist market increases.

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