Showing 1 - 10 of 14,028
Over time, inspection agencies gather information about firms that cause harmful externalities. This information may … certain circumstances, mimicking, or even the threat of mimicking, might reduce socially harmful activities and thus be …
Persistent link: https://www.econbiz.de/10005503854
means of a signaling game which incorporates dynamic enforcement and learning. Interestingly, we show that the ongoing …
Persistent link: https://www.econbiz.de/10010740048
Theoretical work on disciplining corrupt agents has emphasized the role of expected future rents?for example, efficiency wages. Yet taken seriously this approach implies that illicit future rents should also deter corruption. We study this "golden goose" effect in the context of a statutory wage...
Persistent link: https://www.econbiz.de/10010704414
This paper introduces an agency relationship into a dynamic game with informational externalities. Two principals …
Persistent link: https://www.econbiz.de/10008861885
We investigate the influence of a judge’s objective function on the type of sanctions used for enforcing environmental standards. We focus on the difference between monetary and non-monetary penalties. Therefore, we examine the extent to which judges take social costs of sanctions into account...
Persistent link: https://www.econbiz.de/10008630056
Relying on a small natural field experiment conducted by the Norwegian Environmental Protection Agency, I estimate effects of three fundamental elements of most monitoring and enforcement practices: self-reporting, audit frequency and specific deterrence. I find evidence of under-reporting of...
Persistent link: https://www.econbiz.de/10010617198
We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in line with the view that this isolation reduces accountability. We then provide direct evidence that the spatial distribution of population relative to the capital affects different...
Persistent link: https://www.econbiz.de/10010884821
Using a panel data at the provincial level during the period of 1989–2004, this paper examines the effects of social and economic factors such as government scale, privatization, openness, and education on regional corruption. Applying a fixed-effect model and IV estimation, we find that...
Persistent link: https://www.econbiz.de/10011015232
We report results from a randomized policy experiment designed to test whether increased audit risk deters rent extraction in local public procurement and service delivery in Brazil. Our estimates suggest that temporarily increasing annual audit risk by about 20 percentage points reduced the...
Persistent link: https://www.econbiz.de/10010950611
Modernity is usually thought as a complex society with clearly differentiated spheres of everyday life. It means, in particular, that economic rules do not interfere with the norms structuring political, social, scientific and other interactions. The complex, differentiated society sharply...
Persistent link: https://www.econbiz.de/10010957382