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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
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/10012437907
. -- corruption ; auctions ; negotiations ; public procurement …
Persistent link: https://www.econbiz.de/10009689581
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 the effect of the interaction between resource rents and democracy on corruption for a panel of 29 Sub …-Saharan countries during the period from 1985 to 2007. We find that higher resource rents lead to more corruption and that the effect is … suggest that the mechanisms through which resource rents affect corruption cannot be separated from political systems …
Persistent link: https://www.econbiz.de/10009301201
This paper deals with a Niskanen type of public-procurement agency. It is shown that the procurement game should be separated into an investment game and a project game, the first game to be played before nature determines the actual real-izations of benefit and costs of the project, the second...
Persistent link: https://www.econbiz.de/10011399307
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of money that they offer. Sellers are privately informed on the offered quality of the technology or good. We assume that the procurer cannot perfectly identify the best offer. Thus,...
Persistent link: https://www.econbiz.de/10009765519
In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...
Persistent link: https://www.econbiz.de/10009727119
Discriminatory programs that favor local and small firms in government procurement are common in many countries. This paper studies the long-run impact of procurement discrimination on market structure and future competition in industries where learning-by-doing makes incumbent firms more...
Persistent link: https://www.econbiz.de/10009630098
Until recently, government procurement bidding processes have generally favored domestic firms by awarding the contract to a domestic firm even if a foreign firm tenders a lower bid, so long as the difference between the two is sufficiently small. This has been replaced by an agreement...
Persistent link: https://www.econbiz.de/10010256100