Academic Research on Pay to Play

• Pay to play in parks: An Australian policy perspective on visitor fees in public protected areas, Buckley, R. (2003). Journal of Sustainable Tourism, 11(1), 56-73. In most of the public protected areas of the world, there is a fee for commercial tours, entrance and overnight camping. This fee increases revenue and also may have an impact on the behaviour of the visitor. This fee is charged because government funds are not adequate to afford all these expenses. Fee impacts and acceptance depends on the economic, political, social, legal and historical context. Equity between several social groups and use of alike raised funds are 2 important problems.
• Pay-to-play politics: Informational lobbying and contribution limits when money buys access, Cotton, C. (2012). Journal of Public Economics, 96(3-4), 369-386. The authors design a game theoretical framework of data lobbying in a politician and 2 interest groups. The former may need contributions in place of access. 3 claims can be there: 1) wealthy people can approach politicians better than the poor ones. 2) this benefit of access makes them better off 3) contribution restrictions can minimize the benefit of the rich group. It is up to the politician to charge a fee for access. If this access is just for rich people, its expected advantage is completely offset by the payment made to the politician. This research offers a new advantage of contribution limits. They can encourage lobby groups.
• Will developers pay to play?, Porter, D. R. (1988). Journal of the American Planning Association, 54(1), 72-75. In this paper, the author investigates on the Pay to Play policy and provides details about it, do the developers pay to play or not, similarly, if they play, is this a fair play?
• Is Pay-to-Play Driving Public Pension Fund Activism in Securities Class Actions-An Empirical Study, Webber, D. H. (2010). BUL Rev., 90, 2031. Nowadays, there is speculation in public pension funds using the Pay to Play policy. The political board members drive these funds to get plaintiff appointments. This study analyses the securities litigation of one hundred and eleven funds from 2003 to 2006. This research finds no evidence for the concept that beneficiary board officers are driven by the union to get plaintiff appointments. Politicians resistance for leading plaintiff appointments correlates with business effect in the home states of the politicians.
• The Regulation of Pay-to-Play and the Influence of Political Contributions in the Municipal Securities Industry, Jordan, J. B. (1999). Colum. Bus. L. Rev., 489. This research is carried out to bring under consideration the regulations and rules of Pay to Play and the impact of political contributions in the industry of municipal securities.
• The price of pay to play in securities class actions, Choi, S. J., JohnsonSkinner, D. T., & Pritchard, A. C. (2011). Journal of Empirical Legal Studies, 8(4), 650-681. This paper describes the impacts of campaign contributions for leading plaintiff Pay to Play on the attorney fee level in securities class activities. The state pension funds usually pay a lesser attorney fee for this purpose. Pay to Play raises agency costs that the shareholders bear in securities class activities, undermining the main goal of Congress in following the PSLR Act (Private Securities Litigation Reform).
• Pay-to-play: fair or foul?, Hoff, D. L., & Mitchell, S. N. (2006). Phi Delta Kappan, 88(3), 230-234. This paper provides information on Pay to Play and explains this phrase with the help of examples. The authors evaluate this policy in various sectors of the economy and analyse whether the Pay to Play is a fair practice or it is harming some industries of the economy because of favouritism, bribery, corruption and unfair bias.
• Rule G-37: The" Pay to Play" Rule and Its Impact on the Municipal Securities Industry, Hilborne, T. G. (1994). The Urban Lawyer, 957-971. This article explores the Pay to Play practice from several aspects and elaborates the Rule G-37 in which the financial industry individuals and groups award gifts to political celebrities hoping to get investment opportunities in return.
• The ABA Should Not Delay on Pay-to-Play: Regulating the Political Contributions of Lawyers to Government Officials Who Award Legal Contracts, Heinicke, M. A. (1997). Stanford Law Review, 1523-1546. This paper gives suggestions about the Pay to Play practices that the ABA should avoid any further delay in regulating the lawyers political contributions to the state officials who can award the legal contracts.
• Section 110 (5) and the Fairness in Music Licensing Act: Will the WTO Decide the United States Must Pay to Play, McCluggage, L. (2000). IDEA, 40, 1. This paper explains the section 110(5) of the Pay to Play rule. In the music industry, how the artists are using it and how far is this fair according to the Music Licensing Act. Also, the World Trade Organization (WTO) will make a decision for the United States to make the practice of Pay to Play must or not.
• Ending Pay-to-Play in the Municipal Securities Business: MSRB Rule G-37 Ten Years Later, Opp, K. (2005). U. Colo. L. Rev., 76, 243. This article examines the MSRB (Municipal Securities Rulemaking Board) rule G-37 and its implementation after ten years. He hopes that the Pay to Play will end in the business of Municipal Securities as per this rule to stop the bribery and corruption.
• Safeguarding Markets from Pernicious Pay to Play: A Model Explaining Why the SEC Regulates Money in Politics, Torres-Spelliscy, C. (2012). Conn. Pub. Int. LJ, 12, 361. The regulations of the Securities & Exchange Commission seem to go beyond the jurisdiction but in actual, there is nothing like that. 3 times in history, the SEC involved in this practice, in 1994, in the bond market of the municipality, in 2010, in the public pension money market and 1974-1977, inquiring about post-watergate payments. The 1st 2 interventions caused the formulation of new commission principles while the 3rd concluded in a federal statute, named Foreign Corrupt Practices Act. Then, the Money in Politics Model was presented. The authors evaluate the effectiveness of this model and the SEC should follow it or not.