indeterminate. The stationary distribution of wealth satisfies a Fredholm integral equation. This distribution can be examined by … direct analysis of the wealth-accumulation stochastic process and via the Fredholm equation. The analysis resembles some … econometric theory of time series. Economic theory forces consideration of a broad range of cases, including some which violate B …

or convexity is indeterminate. The focus is the ergodic distribution of wealth. This distribution satisfies a Fredholm … integral equation. The ergodic distribution can be characterized in some respects by direct analysis of the stochastic process … governing wealth accumulation and by use of the Fredholm equation without solution. Multiple local maxima in the ergodic …

corruption scenario instead of in abstract terms bribes are less likely to be offered.  Higher negative externalities are also …Using a simple one-shot bribery game, we find evidence of a negative externality effect and a framing effect.  When the … associated with less bribe acceptance.  However, framing has no effect on bribe acceptance, suggesting that the issue of …

Monitoring corruption typically relies on top-down interventions aimed at increasing the probability of external … controls and the severity of punishment.  An alternative approach to fighting corruption is to induce bottom-up pressure for … accountable.  This paper investigates the effectiveness of an accountability system that combines bottom-up monitoring and top …

against supporters of the rival party.  Despite a strong anti-corruption stance of the yellow-shirt movement members of both … large sum of money among three groups of 20 recipients each and Self.  Allocations to groups are divided equally among the … group members.  The three groups are supporters of the two rival political movements in Thailand (“yellow shirts†versus …

We experimentally investigate the extent to which social obervability of one's actions and the possibility of social … - theft, bribery and embezzlement - in the absence of any formal enforcement mechanism.  By involving a student sample … characterized by cultural heterogeneity due to immigraiton of ancestors to the US, we are able to investigate whether the …

corruption-reducing effect of democracy becomes stronger as media freedom increases. Using panel data covering the period 1980 …Democracy and media freedom have been suggested as useful tools in the fight against political corruption, but so far …-2008 and 126 countries, we find empirical support for this prediction. Our main results hold when we control for the effects of …

undergraduates, we could predict who would act corruptly with reference to the level of corruption in their home country.  Among …Why do some people choose corruption over honesty and others not?  Do the social norms and values prevailing in the … reflect the cultures in which they grew up.  However, certain types of individuals may not conform to their cultures and could …

Using a simple one-shot bribery game, we find evience of a negative externality effect and a framing effect.  When the … offered and accepted.  And when the game is presented as a bribery scenario instead of in abstract terms bribes are less … likely to be offered and accepted.  We discuss two possible reasons as to why our experiment leads to the identification of …

model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption … survive a range of robustness checks including instrumenting for regulatory governance and corruption.  I also find slightly …This paper investigates the interaction between corruption and infrastructure policy reforms.  I construct a simple …