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these dynamics. Relying on a game-theoretic approach, we show how inequality and corruption are interconnected via a crime …
Persistent link: https://www.econbiz.de/10012902058
introducing policies that bundle amnesties for low-rank criminals with amnesties to corrupt officials who plea guilty. In fact …-rank ones. This domino effect can deter crime more than a policy based only on amnesties to low-rank criminals would: a bright …
Persistent link: https://www.econbiz.de/10011775869
39 U.S. states authorize recall elections, but the incentives they create are not well understood. We examine how changes in the perceived threat of recall alter the behavior of one set of officials: judges. In 2016, outrage over the sentence imposed on a Stanford athlete following his sexual...
Persistent link: https://www.econbiz.de/10012832101
On the website SaveToby.com, one may find many endearing pictures of Toby, the cutest little bunny on the planet. Unfortunately, on June 30, 2005, the lovable Toby was scheduled to be butchered and eaten - unless the website's readers sent $50,000 to save his life.Though Toby's owner has since...
Persistent link: https://www.econbiz.de/10012752449
Organized crime and corruption are shaped by the lack of strength of the control mechanisms of the State and civil … society. The results presented in the present article attest to the links between the growth of organized crime and that of … corruption in the public sector in a large number of countries. The two types of complex crime reinforce each other. To identify …
Persistent link: https://www.econbiz.de/10014026758
In major legal orders such as UK, the U.S., Germany, and France, bribers and recipients face equally severe criminal sanctions. In contrast, countries like China, Russia, and Japan treat the briber more mildly. Given these differences between symmetric and asymmetric punishment regimes for...
Persistent link: https://www.econbiz.de/10010286689
Greece had, largely as a result of clientele policies, delayed its privatization of the state-owned telecommunications operator, the Hellenic Telecommunications Organization (OTE) and the liberalization of markets. For over a decade up to 2004 Siemens paid bribes to managers of OTE, to senior...
Persistent link: https://www.econbiz.de/10014173951
In December 2011, prosecutors in the United States of America announced the settlement of cases against Magyar Telekom and Deutsche Telekom in respect of bribery of officials in two countries in the Balkans. In the Former Yugoslav Republic of Macedonia (FYROM) they had obtained a delay in a...
Persistent link: https://www.econbiz.de/10014174528
We analyze corruption in law enforcement: the payment of bribes to enforcement agents, threats to frame innocent individuals in order to extort money from them, and the actual framing of innocent individuals. Bribery, extortion, and framing reduce deterrence and are thus worth discouraging....
Persistent link: https://www.econbiz.de/10014175337
The Foreign Corrupt Practices Act (FCPA) is used in an expressly extra-territorial manner to address weaknesses in anti-corruption legislation and practices, principally in developing and least developed countries. A range of policies were advocated by international financial institutions and by...
Persistent link: https://www.econbiz.de/10014176996