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observe that corruption significantly decreases government spending on education, R&D and public health in China. We also …
Persistent link: https://www.econbiz.de/10010272486
openness, more access to media and relatively higher wages of government employees are markedly less corrupt; while social …, fiscal decentralization is discovered to depress corruption significantly, while administrative decentralization fosters …
Persistent link: https://www.econbiz.de/10010272395
Critics of privatization argue that poor labor force restructuring is a key concern and that governments should establish better retrenchment programs. Using new data from arandom sample of 400 companies in the world, we test competing theories about the wisdom of retrenchment programs and their...
Persistent link: https://www.econbiz.de/10011335776
When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest … to renegotiation. We propose a stylized model of bidding for incomplete contracts and apply it to data from highway … repair contracts. We estimate the magnitude of transaction costs and their impact using both reduced form and fully …
Persistent link: https://www.econbiz.de/10011325015
In this paper, we compare two different representations of Framework Programs as affiliation network: 'One-mode networks' and 'Two-mode networks'. The aim of this article is to show that the choice of the representation has an impact on the analysis of the networks and on the results of the...
Persistent link: https://www.econbiz.de/10010330100
Regarding complex networks, one of the most relevant problems is to understand and to explore community structure. In particular it is important to define the network organization and the functions associated to the different network partitions. In this context, the idea is to consider some new...
Persistent link: https://www.econbiz.de/10011586849
We consider a partnership game with two roles in which a large population of firms interact to carry out, say, R&D joint ventures. The partners have to build a common-property asset through a sequence of costly investments. Firms have access to a monitoring technology whose cost depends on the...
Persistent link: https://www.econbiz.de/10011608313
Voluntary agreements with industry offer many examples of overcompliance with respect to environmental standards. Such phenomena seem to be irrational but appear less surprising considering firms' strategies are aimed to internalise environmental quality. We model the choice of the environmental...
Persistent link: https://www.econbiz.de/10011608537
, while principals cannot condition contracts on the agent's decision to accept other contracts. In this case of "non … conditions for principals' contracts are the same as with intrinsic common agency. However, principals suffer from reciprocal …
Persistent link: https://www.econbiz.de/10011608547
When procurement contracts are awarded through competitive tendering participating firms commit ex ante to fulfil a set …
Persistent link: https://www.econbiz.de/10010270926