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For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … reduces corruption. …
Persistent link: https://www.econbiz.de/10010291803
For our experiment on corruption we designed a coordination game to model the influence of risk attitudes, beliefs, and … behavior. The experimental results show that a higher degree of uncertainty in the informational setting reduces corruption. …
Persistent link: https://www.econbiz.de/10010301733
"Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and...
Persistent link: https://www.econbiz.de/10014280308
"Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and...
Persistent link: https://www.econbiz.de/10014280321
bribes and the firms paying bribes affect the equilibrium level of corruption in the sector. Bribe takers (utility employees …) are more likely to take bribes in countries with greater constraints on utility capacity, lower levels of competition in …Many recent studies have looked at the macroeconomic, cultural and institutional determinants of corruption at the …
Persistent link: https://www.econbiz.de/10011335755
A budget-constrained buyer wants to purchase items from a short-listed set. Items are differentiated by observable quality and sellers have private reserve prices for their items. The buyer's problem is to select a subset of maximal quality. Money does not enter the buyer's objective function,...
Persistent link: https://www.econbiz.de/10010334028
and engage in local corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and … corruption detection highly probable, we show that increasing policing or sanctions effectively deters crime. However, when … generate higher crime rates. In particular, the relationship between the traditional instruments of deterrence, namely …
Persistent link: https://www.econbiz.de/10010320108
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the 'corruptibility' of bureaucrats in each case. Results …
Persistent link: https://www.econbiz.de/10010267880
The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially … depends on the effectiveness of monitoring bureaucrat's behavior. The benefits of interjurisdictional competition only occur …
Persistent link: https://www.econbiz.de/10010275803
The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of …
Persistent link: https://www.econbiz.de/10010292052