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then examines the possibility of curbing corruption by supervision, and secondly, by introducing competition among delivery …The paper models the practice of charging bribes for faster delivery of essential services in third world countries. It … agents. It is argued that a supervisory solution eludes the problem because no hard evidence of the reduction of corruption …
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This paper studies whether it is possible to characterize an optimal, time-consistent tariff to protect an infant-industry in the presence of learning effects. A domestic monopolist decides how much to produce, taking into account learning effects induced by its current production, while the...
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