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Corruption and the Regulation of Innovation
De Chiara, Alessandro - 2020
We study the optimal design of regulation for innovative activities which can have negative social repercussions. We …
Persistent link: https://www.econbiz.de/10012822805
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Corruption and the Regulation of Innovation
De Chiara, Alessandro - 2019
We study the optimal design of regulation for innovative activities which can have negative social repercussions. We …
Persistent link: https://www.econbiz.de/10012859824
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Leniency, Collusion, Corruption, and Whistleblowing
Luz, Reinaldo; Spagnolo, Giancarlo - 2016
Leniency policies offering immunity to the first cartel member that blows the whistle and self-reports to the antitrust … forms of leniency (or rewards) for unveiling corruption, a policy offering immunity from antitrust sanctions may not be … for corruption. This paper assesses the extent of this problem by describing and discussing the antitrust and anti …
Persistent link: https://www.econbiz.de/10012110663
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Trust, Leniency and Deterrence
Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloe; … - Institutet för Näringslivsforskning (IFN) - 2011
This paper presents results from a laboratory experiment studying the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main determinant of deterrence, having a strong...
Persistent link: https://www.econbiz.de/10008802525
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A dynamic theory of regulatory capture
De Chiara, Alessandro; Schwarz, Marco - 2021
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
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Market contestability and bribe solicitations : evidence across stages of firms' operations
Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018
Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries to capture this empirically using cross-country...
Persistent link: https://www.econbiz.de/10011822610
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Institutional and political determinants of private participation in infrastructure
Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10010507053
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Institutional and political determinants of private participation in infrastructure : prepared for the Roundtable: Public Private Partnerships for Transport Infrastructure: Renegot...
Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014 - Rev. October 2014
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10010478609
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Do infrastructure reforms reduce the effect of corruption? Theory and evidence from Latin America and the Caribbean
Wren-Lewis, Liam - Department of Economics, Oxford University - 2011
This paper investigates the interaction between corruption and infrastructure policy reforms.  I construct a simple model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption.  This interaction is then analysed empirically using a...
Persistent link: https://www.econbiz.de/10009318140
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Corruption Y Capture in Public Service Regulation
Boehm, Frédéric - 2006
Regulation plays a key part in public service reforms. However, corruption and the risk of capture may undermine the …
Persistent link: https://www.econbiz.de/10014056535