Transparency and Policymaking with Endogenous Information Provision

Fuente: arXiv
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1. Verfasser: Li, Hanzhe
Format: Preprint
Veröffentlicht: 2022
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_version_ 1866916077015924736
author Li, Hanzhe
author_facet Li, Hanzhe
contents How does the politician's reputation concern affect information provision when the information is endogenously provided by a biased lobbyist? I develop a model to study this problem and show that the answer depends on the transparency design. When the lobbyist's preference is publicly known, the politician's reputation concern induces the lobbyist to provide more information. When the lobbyist's preference is unknown, the politician's reputation concern may induce the lobbyist to provide less information. One implication of the result is that given transparent preferences, the transparency of decision consequences can impede information provision by moderating the politician's reputational incentive.
format Preprint
id arxiv_https___arxiv_org_abs_2204_08876
institution arXiv
publishDate 2022
record_format arxiv
spellingShingle Transparency and Policymaking with Endogenous Information Provision
Li, Hanzhe
General Economics
Economics
How does the politician's reputation concern affect information provision when the information is endogenously provided by a biased lobbyist? I develop a model to study this problem and show that the answer depends on the transparency design. When the lobbyist's preference is publicly known, the politician's reputation concern induces the lobbyist to provide more information. When the lobbyist's preference is unknown, the politician's reputation concern may induce the lobbyist to provide less information. One implication of the result is that given transparent preferences, the transparency of decision consequences can impede information provision by moderating the politician's reputational incentive.
title Transparency and Policymaking with Endogenous Information Provision
topic General Economics
Economics
url https://arxiv.org/abs/2204.08876