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Can Corruption Be Studied in the Lab? Comparing a Field and a Lab Experiment

Armantier, Olivier; Boly, Amadou - Centre Interuniversitaire de Recherche en Analyse des … - 2008

This paper makes an attempt at testing the external validity of corruption experiments by moving from the lab in a … environments the probability to accept the bribe. Finally, we identify several micro-determinants of corruption (age, religiousness …, ability). Le présent article essaie de tester la validité externe des expériences sur la corruption en quittant le laboratoire …

Persistent link: https://www.econbiz.de/10005100538

Contracting under Ex Post Moral Hazard and Non-Commitment

Boyer, M. Martin - Centre Interuniversitaire de Recherche en Analyse des … - 2001

This paper characterizes the optimal insurance contract in an environment where an informed agent can misrepresent the state of the world to a principal who cannot credibly commit to an auditing strategy. Because the principal cannot commit, the optimal strategy of the agent is not to tell the...

Persistent link: https://www.econbiz.de/10005101113

Disclosure of Information in Regulatory Proceedings

Lewis, Tracy; Poitevin, Michel - Centre Interuniversitaire de Recherche en Analyse des … - 1995

This paper examines how different rules for presentation of evidence affect verdicts in regulatory hearings and the welfare and efficiency properties these procedures exhibit. The hearing is modeled as a game of imperfect information in which the respondent is privately informed about validity...

Persistent link: https://www.econbiz.de/10005100618

The Impact of Court Errors on Liability Sharing and Safety Regulation for Environmental/Industrial Accidents

Boyer, Marcel; Porrini, Donatella - Centre Interuniversitaire de Recherche en Analyse des … - 2010

We focus in this paper on the effects of court errors on the optimal sharing of liability between firms and financiers, as an environmental policy instrument. Using a structural model of the interactions between firms, financial institutions, governments and courts we show, through numerical...

Persistent link: https://www.econbiz.de/10008753205

Nash Implementable Liability Rules for Judgement-Proof Injurers

González, Patrick - Centre Interuniversitaire de Recherche en Analyse des … - 2004

I provide a complete characterization of Nash implementable allocations of spending in prevention by judgement-proof injurers. This characterization is used to identify the optimal rule that allows for the maximum total spending in prevention. The optimal rule amounts to apply the negligence...

Persistent link: https://www.econbiz.de/10005273013

Enforcing Contracts: Should Courts Seek the Truth?

Fluet, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2002

I examine the case where fulfillment of a contractual commitment is only imperfectly verifiable and ask whether the court should then "tell the truth"" regarding the action in dispute. I show that truth seeking does not maximize the expected surplus from contractual relationships. From the...

Persistent link: https://www.econbiz.de/10005100649

Inequity Aversion in Tournament

Demougin, Dominique; Fluet, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2003

We consider the cost of providing incentives through tournaments when workers are inequity averse and performance evaluation is costly. The principal never benefits from empathy between the workers, but he may benefit from their propensity for envy depending on the costs of assessing...

Persistent link: https://www.econbiz.de/10005100711

Group vs. Individual Performance Pay When Workers Are Envious

Demougin, Dominique; Fluet, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2003

We compare the wage costs of providing incentives through group versus individual bonus schemes. When workers are envious, either scheme may be the least cost one owing to the trade-off between the dissatisfaction with the prospect of unequal pay and the incentives it generates Nous comparons...

Persistent link: https://www.econbiz.de/10005100898

Preponderance of Evidence

Demougin, Dominique; Fluet, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2002

This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when evidence about injurers' behavior is imperfect and rests with the parties. We show that the `preponderance of evidence' standard used in common law, together with ordinary exclusion...

Persistent link: https://www.econbiz.de/10005100970

Estimates of Own Lethal Risks and Anchoring Effects

Armantier, Olivier - Centre Interuniversitaire de Recherche en Analyse des … - 2006

The paper reports on an experiment testing whether agents perceive correctly the lethal risks they face personally. The results suggest that subjects exhibit comparable biases when making predictions for their own-age-cohort, or for the entire population (i.e. agents overestimate rare risks, and...

Persistent link: https://www.econbiz.de/10005101070