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We investigate one possible explanation for observed rates of corrupt behavior namely that individual decision makers who frequently engage in illegal actions may underestimate the overall probability of being caught. This might in particular be true for petty corruption where small amounts of...
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Turf wars commonly occur in environments where competition undermines collaboration. We develop a game theoretic model and experimental test of turf wars. The model explores how team production incentives ex post affect team formation decisions ex ante. In the game, one agent decides whether to...
Persistent link: https://www.econbiz.de/10010959610
Suppose an agency awards a fixed number of prizes to applicants in different categories such that the applicant-to-winner ratio is constant by category. It is demonstrated in a simple theoretical model that the number of awards in a category will typically be positively related to the degree of...
Persistent link: https://www.econbiz.de/10005703368
This paper builds on Faure-Grimaud and Martimort’s [Economics Letters 71 (2001) 75-82] analysis of intermediated contracting. I argue that intermediated contracting permits one form of auditing, in which the sub-contract offered to the firm is examined, contingent on the intermediary’s...
Persistent link: https://www.econbiz.de/10005135017
There has been an explosion of new forms of communications media for interpersonal communication. There is anecdotal evidence of people suffering from 'information overload' as a result of these developments. This paper presents the results from, and analysis of, a case study of a perceived...
Persistent link: https://www.econbiz.de/10005407519
This paper examines the mechanics of intertemporal information provision in {\em dynastic governments}. It has been suggested that ``horizontal accountability," i.e., a system of governance where auditing functions lie outside the executive branch, can ensure credible disclosure of information....
Persistent link: https://www.econbiz.de/10005407554
Governmental contracts may be renegotiated after political changes. Current governments can anticipate this and strategically distort contracts to influence renegotiation outcomes. In this sequential common agency game, the initial contract impacts elements of the renegotiation process: outside...
Persistent link: https://www.econbiz.de/10005407570
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical …
Persistent link: https://www.econbiz.de/10011279359
Genau wie die Sorge den Arbeitsplatz zu verlieren oder schwer zu erkranken, gehört auch die Furcht, Opfer einer Straftat zu werden, zu den größten Ängsten der Deutschen. Wohlstandsindikatoren, die als Alternative zum BIP diskutiert werden, beinhalten daher nicht nur Arbeitslosigkeit und den...
Persistent link: https://www.econbiz.de/10010884064