This paper analyzes the existing relationship between economic growth and the monitoring of corruption and examines the … possible outcome of the implementation of a State reform in order to weed out corruption. Growth is always higher when … monitoring is high and therefore corruption eradicated. But growth declines when monitoring against corruption is not too high …

. -- corruption ; auctions ; negotiations ; public procurement …

This paper presents a novel theory of corruption in public procurement. It considers an agency setting of contract … politician chooses a relatively lax auditing in order to create an incentive for cost-padding, and engages in corruption with the …

This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies …. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a … involved into the illicit activity and, eventually, spread the corruption disease. …

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in …

played a significant role in history, especially in classical Greece and the medieval city-states of Italy. We examine the … corruption and decrease the large expenses associated with today's democratic election campaigns. Random mechanisms can be …

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of … assumptions on the structure of the game. -- corruption ; repeated games ; hold up ; extortion ; capture …