Why Do Political Action Committees Give Money to Candidates? Campaign Contributions, Policy Choices, and Election Outcomes

This article addresses the reasons that political action committees (PAC) give contributions to campaigns, and if the PAC’s motive is to influence the votes of legislators through their contributions.  The author provides a model of PAC behavior, and equations that are described throughout the article.  Through the models and equations, the author concludes that PACs give money to candidates to affect the probability of the candidate being elected.

The Center for Competitive Politics is now the Institute for Free Speech.