Narrow search
Showing 1 - 10 of 68
Cover Image
Corruption and the shadow economy
Choi, Jay Pil; Thum, Marcel - 2003
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10010506202
Cover Image
The economics of repeated extortion
Choi, Jay Pil; Thum, Marcel - 2003
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
Persistent link: https://www.econbiz.de/10010507749
Cover Image
Corruption and the shadow economy
Choi, Jay Pil; Thum, Marcel - 2002
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10011408719
Cover Image
Corruption and the shadow economy
Choi, Jay Pil; Thum, Marcel - 2003
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10010305428
Cover Image
The economics of repeated extortion
Choi, Jay Pil; Thum, Marcel - 2003
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
Persistent link: https://www.econbiz.de/10010305453
Cover Image
The dynamics of corruption with the Ratchet effect
Choi, Jay Pil; Thum, Marcel - 2001
This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the … decrease. We also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify … circumstances under which the often observed practice of job rotation can help mitigate corruption. …
Persistent link: https://www.econbiz.de/10010507022
Cover Image
Corruption and the shadow economy
Choi, Jay Pil; Thum, Marcel - Fakultät Wirtschaftswissenschaften, Technische … - 2003
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10009226255
Cover Image
The economics of repeated extortion
Choi, Jay Pil; Thum, Marcel - Fakultät Wirtschaftswissenschaften, Technische … - 2003
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
Persistent link: https://www.econbiz.de/10009226261
Cover Image
Teams contribute more and punish less
Auerswald, Heike; Schmidt, Carsten; Thum, Marcel; … - 2016
Challenges in global politics like climate change, maritime piracy and fighting highly contagious diseases concern global public goods. The related policy decisions are mostly made by teams. In contrast, economic models of global public goods typically assume a single rational decision-maker. We...
Persistent link: https://www.econbiz.de/10011541282
Cover Image
Teams contribute more and punish less : conference paper
Auerswald, Heike; Schmidt, Carsten; Thum, Marcel; … - 2014 - This version: 24 March 2014
Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature investigates team decisions in different settings. We study team...
Persistent link: https://www.econbiz.de/10010488535