There are a large number of cases where corruption has been discovered investigating levels of consumption that appear … the principal. We argue that this assumption has to be revised in applications that study corruption. The informativeness … consumption with the aim of reducing corruption, and discuss features of the practical applications. We show that when there is …

possible to establish robust bounds on equilibrium corruption using only non-verifiable reports. Our analysis suggests a simple …

arise when monitoring corruption is difficult relative to monitoring the provision of public services, and politically …-important groups of citizens do not bear the full cost of corruption. The existence of such systems can distort the effective incidence … of the tax burden, reduce the incentives of government to fight corruption, and legitimize bribe-taking …

Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …

We characterize the price-transparency role of benchmarks in over-the-counter markets. A benchmark can, under … dealers and customers, and reducing search costs. Although the market transparency promoted by benchmarks reduces dealers …

Medical provider price transparency is often touted as a way to lower health care spending. But the impact of price … transparency is theoretically ambiguous: it could lower health care spending via increased consumer price shopping or improved … a randomized-controlled trial to examine the impact of a state-wide medical charge transparency tool in outpatient …

Although the theoretical literature on corruption is well developed, empirical work in this area has lagged because it … has proven difficult to isolate corrupt behavior in the data. In this paper, we look for evidence of corruption in an … stables play a role in facilitating the corruption. In times of increased media scrutiny, the match rigging disappears …

This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …