water, corruption and rent-seeking. These failures result in wastage of this scarce resource. We propose to study the public …

stable norms of behaviour. Domination of barter exchange, arrears, corruption and black market activities are examples of …

are such institutions, as barter, non-payments, tax evasion, and corruption. A game-theoretic model of the barter trap is …

, corruption, and some other institutional traps. Implications for reform strategy are explored. The analysis shows that the …

This paper analyzes how corruption affects the composition of public expenditures. First, a two-stage rent …-seeking model with endogenous rent-setting is derived that captures both "political corruption" and "bureaucratic corruption". The … levels of corruption. The significance of these distortions is robust to a variety of specifications such as fixed effects …

Empirical evidence suggests that natural resources breed corruption and reduce educational attainments, dampening … either through human capital or corruption. In this paper, we argue that education and corruption are jointly determined and …

The paper revisits the relationship been reform and corruption. We consider a scenario where less efficient domestic …