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Soft Money and Hard Choices: Why Political Parties Might Legislate Against Soft Money Donations.

Abstract:

In contrast to the bulk of the campaign finance literature that highlights political action committee (PAC) contributions and single donations, this paper emphasizes soft money and the rationale for dual contributions. Employing a formal model of unregulated contributions and political access, we show that donors will rationally choose to contribute to both political parties. While the parties accept these dual contributions, they lead to an imbalance between the benefits of contributions and...

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Publisher copy:
10.1007/s11127-005-7169-y
Publisher:
Springer
Journal:
Public Choice
Volume:
123
Issue:
3
Pages:
411 - 438
Publication date:
2005-01-01
DOI:
Language:
English
UUID:
uuid:c8214019-a343-4d0f-8cc7-524e141eb4c6
Local pid:
oai:economics.ouls.ox.ac.uk:15287
Deposit date:
2011-12-16

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