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corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …
Persistent link: https://www.econbiz.de/10012026444
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10011619649
We consider an economy where most of the health care is publicly provided,and where there is waiting time for several types of treatments. Privatehealth care without waiting time is an option for the patients in the publichealth queue. We show that although patients with low waiting costs...
Persistent link: https://www.econbiz.de/10011400300
We study the role of heuristic versus deliberative processing in intertemporal choice. Using studies in the Democratic Republic of Congo and an online labor market, we show that waiting periods - designed to prompt deliberation by temporally separating news about choice sets from choices...
Persistent link: https://www.econbiz.de/10011557776
In his thought-provoking book What Money Can't Buy. The Moral Limits of Markets, Sandel (2012) claims that some nonmarket ways of allocating goods, such as the ethics of the queue (first come, first served), are gradually being displaced by the ethics of the market. He highlights inequality as...
Persistent link: https://www.econbiz.de/10012119528
In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we … propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects … that may prevent corruption, and compare them to the fee schedules employed by major auction houses. …
Persistent link: https://www.econbiz.de/10011397659
enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that …
Persistent link: https://www.econbiz.de/10011415917
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10011288794
Numerous countries are introducing citizen feedback schemes to tame corruption. We study how best to incorporate …
Persistent link: https://www.econbiz.de/10011343756
We examine whether a corruption scandal in which the incumbent is implicated undermines trust in local government. We … use a novel dataset containing information on local corruption scandals reported in Spain during the period 1999 - 2009 … matching methods to improve the identification of the effect of corruption scandals on trust, comparing municipalities affected …
Persistent link: https://www.econbiz.de/10010375152