We provide a positive analysis of the equilibrium bidding and bribing strategies with and without corruption in a first …-price, sealed-bid, procurement auction with two-dimensional-type bidders. With corruption, we assume that the quality of the bidders … and bribe decrease in the number of bidders. Moreover, we show that in this auction with corruption, quality is randomly …

Corruption is widely spread across the world and is believed to affect economic growth negatively. It is most … procurement in Russia due to corruption. Unfortunately, to measure corruption is very challenging. In this paper, using the data … on procurement in one of the Russian regions as an example, we suggest and discuss different indicators of corruption …

authority have facilitated bid-rigging cartels in return for bribes or kickbacks. Such corruption can therefore operate hand … the increase in enforcement actions targeting bid-rigging and corruption globally raises the risk of detection, and how …