This paper presents a simple model to evaluate alternative payment schemes for tax inspectors in the presence of corruption. The authors consider problems of both moral hazard, whic h arises because taking bribes cannot be observed without costly monitoring, and adverse selection, since not all...

We develop an empirical study of the information–persuasion trade-off in advertising using data on the information content of ads, which we measure with the number of information cues in ads within an entire industry. The data are from video files of all advertisements in the OTC analgesics...