Showing 1 - 10 of 13
In this paper, I analyze the effects of monitoring on an agent’s incentives in a two-period principal-agent model in … output; when she monitors the agent’s effort choice; and when she monitors the agent’s corruptibility. I find that monitoring … of effort improves the sorting of types but it might also give the agent more incentive to be corrupt. Monitoring of …
Persistent link: https://www.econbiz.de/10008577215
coefficients. Our paper contributes to the (small) literature on experimental tests of (anti-)corruption measures and adds evidence …
Persistent link: https://www.econbiz.de/10005146555
might play a role. My paper provides a testbed for experimental testing of anti-corruption measures and adds evidence to the …
Persistent link: https://www.econbiz.de/10005738159
This paper analyzes debt contracting in the presence of gambling on resurrection under different bankruptcy regimes. Ex-ante effects on investment levels, interest rates and profit, and ex-post effects on debtor's strategy choices are examined. A model of a debtor-creditor relationship is...
Persistent link: https://www.econbiz.de/10005146515
one can assign costly punishment points to other group members in order to reduce their payoffs. We compare the effect of … this voluntary punishment possibility with the effect of ex post costless communication: in contrast to the punishment …
Persistent link: https://www.econbiz.de/10011144096
The ‘equal punishment for the same crime’ principle is generally agreed upon—yet its implementation differs radically … depending on whether the punishment is measured purely in nominal terms or the subjective perspective of the punishee is … accounted for. This is simply because different people may experience the same punishment with differing intensity. Legal …
Persistent link: https://www.econbiz.de/10010891913
games. I demonstrate theoretically that minimal punishment commitments (perhaps provided by anger) may lead to high …
Persistent link: https://www.econbiz.de/10005357513
This study provides evidence of a strong link between two channels facilitating rentextraction in public procurement: between concealing the ultimate ownership of contractors and manipulation of the anticipated value of tenders. Using data on more than 15 300 tenders awarded to joint-stock...
Persistent link: https://www.econbiz.de/10010842890
is consistent with manipulations being driven by corruption of procurement officials. Manipulations concern 8.6% of all …
Persistent link: https://www.econbiz.de/10010842927
This paper discusses the issue of perceptions and their influence on economic processes focusing on corruption … perception. The higher the perceived corruption in an organization is, the more probable it is that a person dealing with that … organization would offer a bribe, thus supporting corruption. Since corruption perceptions are rarely based on actual experience …
Persistent link: https://www.econbiz.de/10005357518