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Cartels and bribes

Burguet, Roberto; Iossa, Elisabetta; Spagnolo, Giancarlo - 2021

We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost of reporting corrupt bureaucrats gives rise to a free riding problem. As in Dixit (2015, 2016), cooperation among honest suppliers alleviates free-riding in reporting. However,...

Persistent link: https://www.econbiz.de/10012697250