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Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension
Bebchuk, Lucian A.; Kaplow, Louis - 2021
This paper considers optimal enforcement when individuals may be imperfectly informed about the probability of apprehension. When individuals are perfectly informed, optimal sanctions are maximal because, as Gary Becker (1968) suggested, society can economize on enforcement resources by reducing...
Persistent link: https://www.econbiz.de/10013245720
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Looking Beyond the Incumbent : The Effects of Exposing Corruption on Electoral Outcomes
Chong, Alberto - 2011
copious corruption not only decreases incumbent support in local elections in Mexico, but also decreases voter turnout …Does information about rampant political corruption increase electoral participation and the support for challenger …
Persistent link: https://www.econbiz.de/10013117216
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Conveniently Upset : Avoiding Altruism by Distorting Beliefs About Others
Di Tella, Rafael - 2011
In this paper we present the results from a "corruption game" (a dictator game modified so that the second player can …
Persistent link: https://www.econbiz.de/10013131979
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Embezzlement Versus Bribery
Fan, C. Simon - 2010
Corrupt officials can use their positions to enrich themselves in two ways. They can steal from the state budget--embezzling or misspending funds--or they can demand extra payments from citizens in return for services--bribery. In many circumstances, embezzlement is less distortionary than...
Persistent link: https://www.econbiz.de/10013135875
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The Control of Politicians in Normal Times and Times of Crisis : Wealth Accumulation by U.S. Congressmen, 1850-1880
Querubin, Pablo - 2011
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
Persistent link: https://www.econbiz.de/10013117869
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Corruption in Developing Countries
Olken, Benjamin A. - 2011
Recent years have seen a remarkable expansion in economists' ability to measure corruption. This, in turn, has led to a … new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in … light of these recent advances, focusing on three questions: how much corruption is there, what are the efficiency …
Persistent link: https://www.econbiz.de/10013120310
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Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets
Casella, Alessandra - 2012
We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...
Persistent link: https://www.econbiz.de/10013097274
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You Owe Me
Malmendier, Ulrike - 2012
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10013097778
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An Alternative Framework for Empirically Measuring the Size of Counterfeit Markets
Pacula, Rosalie Liccardo - 2012
countries with higher corruption norms, lower government control and effectiveness. Predictions of the level of counterfeiting …
Persistent link: https://www.econbiz.de/10013104734
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Corrupting Learning : Evidence from Missing Federal Education Funds in Brazil
Ferraz, Claudio - 2012
This paper examines if money matters in education by looking at whether missing resources due to corruption affect … student outcomes. We use data from the auditing of Brazil's local governments to construct objective measures of corruption … of corruption across municipalities and controlling for student, school, and municipal characteristics, we find a …
Persistent link: https://www.econbiz.de/10013105003