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history of past play has little effect on the level of corruption. …
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We consider the selection properties of a competitive bribery model in the presence of two types of asymmetry: unevenness between the competitors and unfairness in the contest rules. Only under very special conditions does the benchmark model yield allocation efficiency; in other cases, the...
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In this paper, we analyze some aspects of cronyism and corruption in India. We develop a three-stage game … striking is that only the political party gains with increase in cronyism and corruption. The society as a whole suffers (total …
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corruption in the administration, these outcomes become more likely. …
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