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Persistent link: https://www.econbiz.de/10001413810
There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...
Persistent link: https://www.econbiz.de/10005076588
In environments where regulations are lax and controls function badly, cleanly participating in tenders is irrational. An increase in one single firm’s propensity to bribe induces the same behaviour upon the others (“bad apple effect”), and the likelihood of firms to bribe tends to...
Persistent link: https://www.econbiz.de/10005408440
The Commonwealth Government asked the Productivity Commisison to review cost recovery arrangements across the Government's regulatory,administrative and information agencies,and to develop guidelines for the future application of cost recovery.
Persistent link: https://www.econbiz.de/10005556926
The debate on the relationship between environmental regulation and competitiveness has been a topic of discussion for … regulation (under the condition that it is efficient) can lead to win-win situations, in which social welfare as well as the … private net benefits of firms operating under such regulation can be increased. This paper analyses the Porter hypothesis with …
Persistent link: https://www.econbiz.de/10005556930
This note examines the Integrity Pact (IP) methodology proposed by Transparency International to confront the problem of corruption in public procurement. The examination draws from a decision model for participants developed elsewhere, in which the critical elements are shown to be the...
Persistent link: https://www.econbiz.de/10005556938