Mr Clement Minaudier

Mr Clement Minaudier

PhD Candidate in Economics

Department of Economics

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English, French
Key Expertise
Political Economy, Applied Theory, Information Economics

About me

Job Market Placement
Assistant Professor, University of Vienna

Research interests
Political Economy, Applied Theory, Information Economics

Job market paper
The value of confidential policy information: persuasion, transparency, and influence


Read the abstract and download the paper

Transparency of the lobbying process is hailed as an effective means to limit the influence of special interests, but should transparency also apply to the information obtained by policy makers? This paper extends theories of informational lobbying by explicitly modeling the choice of policy makers to obtain information ahead of interactions with lobbyists. This approach reveals a new channel for the value of confidentiality: extracting evidence from special interest groups. Confidential information benefits policy makers even in the absence of reputational concerns, and even if that information is very limited, but creates a trade-off between obtaining information internally and extracting it from lobbyists. As the policy maker's expertise and ideological alignment with special interests increase, this trade-off becomes too restrictive and confidential information becomes less valuable. These results shed light on the relationship between confidentiality, quality of governance, and influence.  

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Publications and Additional Papers

  • ‘Negotiating under political uncertainty: national elections and the dynamics of international co-operation’ (with Mareike Kleine), British Journal of Political Science, 2017
  • ‘Overconfidence, political accountability and politician selection’ (Working paper)
  • ‘Competition in persuasion between privately informed senders’ (Work-in-progress)


Placement Officer
Professor Mark Schankerman 

Professor Gilat Levy

Dr Ricardo Alonso
Dr Stephane Wolton

Professor Gilat Levy
Dr Ricardo Alonso
Professor Ronny Razin

Contact information


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Office Address
Department of Economics,
London School of Economics and Political Science,
Houghton Street, London WC2A 2AE