Showing 1 - 10 of 293
fraud, or corruption - that share with cartels the crucial features that well designed leniency and whistleblower programs …
Persistent link: https://www.econbiz.de/10005662235
in corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and corruption … crime rates. In particular, the relationship between the traditional instruments of deterrence, namely intensification of … organized crime to corruption, and ensuing impunity leads to higher rather than lower crime. …
Persistent link: https://www.econbiz.de/10005788890
deterrence) and guide the use to which innovation is put (marginal deterrence). We show that public intervention should become …
Persistent link: https://www.econbiz.de/10005000438
This paper investigates the effect of corruption on competition in government procurement auctions. Our assumption is … corruption is to facilitate collusion in price between firms. This can result in high public spending and inefficient allocation … which unilateral anti-corruption controls may restore price competition. …
Persistent link: https://www.econbiz.de/10005662229
We study the emergence and interaction of red tape and corruption in a principal-bureaucrat-agent hierarchy. The … the social optimum if the bureaucrat in charge of red tape is corrupt. We consider two types of corruption. First, the … bribes to conceal the information produced through red tape. The former kind of corruption tends to reduce red tape, while …
Persistent link: https://www.econbiz.de/10005123811
enforcers - on sequential, bilateral, illegal transactions such as corruption, manager-auditor collusion, or drug deals. It is …
Persistent link: https://www.econbiz.de/10005124229
and decreasing in officials' corruption. In contrast to the "tollbooth view" of regulation, the standard chosen by a self …-interested government is a non-monotonic function of officials' corruption, and can be either lower or higher than that chosen by a …-capita income, and negatively with corruption, consistently with the model's predictions for benevolent governments …
Persistent link: https://www.econbiz.de/10005504469
’s corruption levels. Examining a large sample of countries covering a 20-year long period, we found robust empirical support for … the fact that increases in import openness do indeed cause reductions in corruption, a crucial aspect of governance. The … corruption is close to one third of that exercised by the level of development. Some cautious policy conclusions are derived. …
Persistent link: https://www.econbiz.de/10005114501
proposal to legalize paying bribes while increasing fines on accepting bribes. We explore performance as regards corruption … deterrence and public service provision. A modified scheme, where immunity is conditional on reporting, addresses some key … enforcement agencies, and discuss the relevance for fighting other forms of corruption. …
Persistent link: https://www.econbiz.de/10011083969
This chapter examines the relationship between corporate governance and competition, particularly with regard to cartel formation, and discusses how corporate governance and firm agency problems affect optimal law enforcement against cartels, both in terms of sanctions and leniency policies....
Persistent link: https://www.econbiz.de/10005498010