Zusammenfassung:
We develop a model of policymaking in which a politician decides how much expertise to acquire or how informed to become about issues before interest groups engage in monetary lobbying. For a range of issues, the policymaker prefers to remain clueless about the merits of reform, even when acquiring expertise or better information is costless. Such a strategy leads to intense lobbying competition and larger political contributions. We identify a novel benefit of campaign finance reform, showing how contribution limits decrease the incentives that policymakers have to remain uninformed or ignorant of the issues on which they vote.