We analyze bureaucracy and corruption in a market with decentralized exchange and <93>lemons.<94> Exchange is modelled … can supplement trade with socially inefficient bribes. Bureaucracy is modelled as a group of agents similar to private … agents, but who enjoy centralized production and consumption. Transaction patterns between the bureaucracy and the private …

and applications include political groups, ethnicities, agents motivated by the work in the public sector and corruption … that patronage may be strictly positive in both of them. We also apply the second setting to the case of corruption. …

What is the relationship between ballot structure (the manner in which citizens cast their votes) and corruption … representation (CLPR) facilitate the use of the bureaucracy in this manner, whereas electoral systems that undermine party leader …

suggests thaht corruption, which is likely to emerge in long term reciprocal relationships between public officials and …

Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of … law (Smith 2001, chap 5). The modern Public Choice proponents argue that corruption might influence the efficiency of the … rule of law. While Chicago Public Choice scholars model how corruption improves efficiency of the rule of law and thus the …