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overall likelihood of bribing tends to a maximum determined by the control mechanisms. The factors affecting the expectation … aimed at continuously perfecting the regulations and the control mechanisms. As the latter are expensive, it is argued that … the overall efficiency of the system, including but beyond control of corruption. …
Persistent link: https://www.econbiz.de/10005408440
This note examines the Integrity Pact (IP) methodology proposed by Transparency International to confront the problem of corruption in public procurement. The examination draws from a decision model for participants developed elsewhere, in which the critical elements are shown to be the...
Persistent link: https://www.econbiz.de/10005556938