Organized Interests and Self-regulation: An Economic Approach (FEEM Studies in Economics) (Hardcover)

This collected volume studies the role of organized interests in collective decision-making and the emergence of self-regulation. In democratic settings, organized interests play a role at the legislative stage, affecting the outcome through lobbying activity. While pressure groups and lobbying are a traditional topic in public choice theory, the incentives to maintain private rules and enforcement through self-regulation is a less developed research area in political economy. The book provides a balanced mix of theoretical and empirical papers in traditional public choice, addressing the issues of how organized interest affect legislation and self-regulation, investigating the incentives and the problems related to the private enforcement of law.

Bernardo Bortolotti is at the University of Turin and the Fondazione Eni Enrico Mattei (FEEM), based in Milan.

Gianluca Fiorentini is an Assistant Professor at the University of Bologna.