Lobbying can shape regulations through:

Question

Quizplus · Accepted Answer

Rent-seeking behavior refers to individuals or groups using their resources (such as lobbying or campaign contributions) to influence government decisions in their favor. Lobbyists often engage in rent-seeking behavior to shape regulations that benefit their clients or industries. This can lead to regulations that may not be in the best interest of the public. Collusion refers to secret cooperation between parties for an illegal or deceitful purpose, and objective cost benefit analysis may not have as much influence on regulatory decisions as rent-seeking behavior.

Lobbying Can Shape Regulations Through