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This paper studies how information control affects incentives for collusion and optimal organizational structures in …
Persistent link: https://www.econbiz.de/10012415488
This paper studies how information control affects incentives for collusion and optimal organizational structures in …
Persistent link: https://www.econbiz.de/10012160310
, when rescaling is feasible, private monitoring is more efficient than public monitoring subject to collusion because … nonmonetary penalties are ineffective to deter collusion …
Persistent link: https://www.econbiz.de/10014043494
We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … suppliers alleviates free-riding in reporting. However, it also facilitates collusion in bidding by increasing the value of the … collusive rent. In turn, bidding collusion facilitates cooperation in reporting by increasing the value of having honest …
Persistent link: https://www.econbiz.de/10012697250
problem is to certify the private signal and make it public. When collusion between the certifier and the agent is an issue … if this certification raises the specter of collusion. …
Persistent link: https://www.econbiz.de/10010212662
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
challenge. We characterize an equilibrium delegation rule with two key properties: a) some high-skilled politicians may select …
Persistent link: https://www.econbiz.de/10014229853
trade-off between inefficient supervision and supervisor-agent collusion, showing that under certain conditions tolerating … collusion to take place helps to “correct” wrong supervisory signals and thus benefits the principal. Furthermore, the … characterization of the collusive-supervision contract shows that collusion should be allowed with one agent only …
Persistent link: https://www.econbiz.de/10014033781
behavior, that takes the form of collusion or blackmail, on the part of members of a simple hierarchical structure. We focus on …-blowing, creates incentives for the uninformed colluding party to walk out of the side deal and report to the principal that collusion …
Persistent link: https://www.econbiz.de/10010518807
Persistent link: https://www.econbiz.de/10013369916