Balafoutas, Loukas - 2009 - This version: November 10th, 2010
This paper investigates the role of guilt aversion for corruption in public administration. Corruption is modeled as … the outcome of a game played between a bureaucrat, a lobby, and the public. There is a moral cost of corruption for the …, corruption is more likely when the horizon of the game is relatively long and when public beliefs are initially low and are …
