Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We … payments, limiting the state's economic development capability. In the face of extensive corruption, it is challenging for the … state to establish and implement policies reflecting good governance; for example, a government that is accountable and …

economics ; incomplete contracts ; construction ; agency theory ; industry studies ; outsourcing ; procurement …

We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective sanction of the …' corruptibility but is not sufficient to eliminate the Tragedy of corruption that leads both firms and officials to earn less than in … the absence of corruption. …

-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low … probability of detection with high penalty is a stronger deterrent to corruption than a high probability of detection with low …

interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment … the gap. We identify conditions under which economic reform in the formal segment will increase the rate of corruption or … reforms may increase corruption instead of reducing it, as claimed previously. …