Showing 1 - 10 of 14,520
This paper seeks to understand the extent financialisation has had an impact on the rental housing market in Berlin. Specifically, it focuses on the financialisation of non-financial rental housing companies. The financial statements of five large, publicly listed, commercial rental housing...
Persistent link: https://www.econbiz.de/10012420679
Genocides and mass atrocities do not arise spontaneously, but tend to be meticulously sourced and managed. As such the concern in this paper is with the role of businesses in these processes, with a particular focus on the agency and decision making of entrepreneurs and managers. We critically...
Persistent link: https://www.econbiz.de/10011479261
In this paper we take up a model of Okada (1996) to describe the possibility of collective cooperation in a n-person Prisoner's Dilemma game by means of institutional arrangements. In addition, we introduce the possibility to corrupt the institutional authority by paying him some positive...
Persistent link: https://www.econbiz.de/10010291754
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
There is a growing evidence that political corruption is often closely associated with the rent seeking activities of … groups and the incidence of political corruption and determines whether electoral competition can eliminate political … corruption. We obtain some striking results. Greater electoral competition serves to lessen policy distortions. However, this in …
Persistent link: https://www.econbiz.de/10010295264
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
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
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
queuing theory to firstdemonstrate that when allocating goods publically, a case can be made for favoring a particular groupof …
Persistent link: https://www.econbiz.de/10010325471
We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model … corruption. The driving force in the equilibrium selection process is the education effort exerted by parents which depends on … interventions which via parents' efforts have long-lasting effects on corruption and show the success of intensive education …
Persistent link: https://www.econbiz.de/10010334670