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We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10010366568
enforcers - on sequential, bilateral, illegal transactions, such as corruption, manager-auditor collusion, or drug deals. It is …
Persistent link: https://www.econbiz.de/10010366558
We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … bureaucrats, generating a trade-off. When the likelihood of corruption is high and competition is weak, collusion may be a price … worth paying to curb corruption. …
Persistent link: https://www.econbiz.de/10012697250
In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens …
Persistent link: https://www.econbiz.de/10012594658
We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10010333861
We model networks of relational (or implicit)contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10010281282
We model networks of relational (or implicit)contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10002450641
Persistent link: https://www.econbiz.de/10002979186
Persistent link: https://www.econbiz.de/10001387860
We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10012735242