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Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10010300175
-givers should be punished for giving bribes, but not for accepting the bribetakers' reciprocity. -- corruption ; asymmetric …
Persistent link: https://www.econbiz.de/10003415649
to disband the "pact of silence" characteristic of corrupt arrangements. -- Corruption ; Asymmetric Sanctions …
Persistent link: https://www.econbiz.de/10009424464
Liberty ; Colonialism ; Corruption ; Cognitive Dissonance ; Moral Reasoning ; Moral Superiority ; Religion …
Persistent link: https://www.econbiz.de/10009425228
Governments and private firms try to contain corruption among their staff mostly in a top-down, rules-based approach …-tolerance, debarment or the nullity of contracts. While top-down elements are indispensable for containing corruption they must be designed … well in order to avoid discouraging the bottom-up endeavors. -- Corruption ; whistle-blowing ; contract penalties …
Persistent link: https://www.econbiz.de/10009425280
We let students play a corruption game, embedded into a variant of the ultimatum game. Those allotted the role of … negative reciprocity. -- Corruption ; ultimatum game ; whistleblowing ; gender ; signaling ; trust …
Persistent link: https://www.econbiz.de/10009425287
Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10010954409
Recent empirical studies claim that, in addition to levels of corruption, investors are deterred by its … unpredictability. I claim instead that it is petty corruption that deters investors. I employ seven subcomponents of corruption for a … this data depicts a grand, political type, embracing corruption in government policymaking and in judicial decisions as …
Persistent link: https://www.econbiz.de/10009424465
only mild punishment (constrained enforcement regime). -- Bribery ; Corruption ; Leniency ; Enforcement ; Deterrence …
Persistent link: https://www.econbiz.de/10009425229
The ratio of money demand to GDP may increase with portfolio demand, monetization, and a deeper division of labor. Using a cross-section approach to money demand for 126 countries this study shows that the share of agriculture, life expectancy at birth, openness, and trust in the banking system...
Persistent link: https://www.econbiz.de/10009424483