Abbink, Klaus; Irlenbusch, Bernd; Renner, Elke - In: Journal of Law, Economics and Organization 18 (2002) 2, pp. 428-454
Essential characteristics of corruption are (1) reciprocity relationships between bribers and public officials, (2) negative welfare effects, and (3) high penalties when discovered. We separate the influences of these factors in an experiment. In a two-player game, reciprocation is economically...