Chou, P. Ben; Xu, Wei; Anandarajan, Asokan; Valenti, Dennis - In: International Journal of Behavioural Accounting and Finance 3 (2012) 1/2, pp. 88-106
We extend and refine the welfare game developed by Coate et al. (2002) in two directions. First, by allowing the client and auditor to choose their strategies sequentially, we show that the most efficient equilibrium is that the client moves first to honestly report earnings, which is followed...
