Dastidar, Krishnendu Ghosh; Mukherjee, Diganta - In: European Journal of Political Economy 35 (2014) C, pp. 122-127
In this paper we theoretically analyse effects of corruption in public procurements within a scoring-auction framework … politician selects the scoring rule. The paper shows that such corruption always leads to lower quality and lower price. Given a … level of corruption, a higher bargaining power of the politician in extracting bribes does not affect the quality but leads …