Büchner, Susanne; Freytag, Andreas; Gonzalez, Luis G.; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006
A procurement contract is granted by a bureaucrat (the auctioneer) who is interested in a low price and a bribe from the provider. The optimal bids and bribes are derived based on an iid private cost assumption. In the experiment, bribes are negatively framed (betweensubjects treatment) to...