Showing 1 - 10 of 2,015
Can machine learning support better governance? In the context of Brazilian municipalities, 2001-2012, we have access … to detailed accounts of local budgets and audit data on the associated fiscal corruption. Using the budget variables as … predictors, we train a tree-based gradient-boosted classifier to predict the presence of corruption in held-out test data. The …
Persistent link: https://www.econbiz.de/10013232407
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement mechanism is delegated to an agent of the buyer. The agent has private information about the buyer's preferences and may collude with one of the sellers. We provide a precise...
Persistent link: https://www.econbiz.de/10010291548
different probabilities of re-election, and obtain different rents. The adoption of different forms of project governance …
Persistent link: https://www.econbiz.de/10012892139
Firms’ political donations can induce distortions in the allocation of public procurement contracts. In this article, we employ an advanced non-parametric efficiency model to study the public sector (cost) efficiency implications of such distortions. Using a unique dataset covering the Czech...
Persistent link: https://www.econbiz.de/10012872063
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit cartel formation and indirect attempts to collude...
Persistent link: https://www.econbiz.de/10014243096
economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in government policies …
Persistent link: https://www.econbiz.de/10012859047
We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …
Persistent link: https://www.econbiz.de/10013244240
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …
Persistent link: https://www.econbiz.de/10010264401
in US states may indeed reduce corruption levels among elected representatives. …
Persistent link: https://www.econbiz.de/10010273815
We extend the model of insecure property rights by Tornell and Velasco (1992) and Tornell and Lane (1999) by adding three features: (i) extracting the common property asset involves a private appropriation cost, (ii) agents derive utility from wealth as well as from consumption, and (iii) agents...
Persistent link: https://www.econbiz.de/10010276929