with one of the sellers. We provide a precise definition of both mechanisms and show - contrary to conventional wisdom …. -- corruption ; auctions ; negotiations ; public procurement …

Under what circumstances does corruption cause inefficiencies, and when are bribes merely a transfer? I propose a … modified monopoly price discrimination model showing how corruption may lead to an increased administrative burden in firm …’s predictions I find that corruption leads to increased administrative burden when government officials have less information about …

We build a principal-agent-client model of corruption, allowing for heterogeneity in the value of public projects …, and thereby facilitate their corruption, by means of public displays of wealth. While such public displays reduce the …

citizens. -- Mass Media ; Corruption ; Selection and Discipline of Politicians …

with one of the sellers. We provide a precise definition of both mechanisms and show contrary to conventional wisdom that …

agents to produce information jointly is commonly observed. Yet, agency theory stresses the difficulties associated with …