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This paper presents results from a laboratory experiment on 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 effect even...
Persistent link: https://www.econbiz.de/10013050458
Since Citizens United, the amount of spending on political campaigns has increased, and to a lesser extent, so has corporate spending on political advertisements. However, the increase in corporate spending on elections fails to indicate whether corporate political spending corrupts the...
Persistent link: https://www.econbiz.de/10014146561
We offer a novel big data approach to corruption detection and measurement by using statistical anomalies in publicly observable allocations which corruption affects in a predictable manner. While each individual incidence of corruption remains undetectable under the veil of secrecy, systemic...
Persistent link: https://www.econbiz.de/10013305887
The relevance of preventing and deterring instances of bidders' collusion or bid rigging in public procurement has gained notorious attention in recent years, both due to the evident pressure on the public buyer to maximise value for money in times of crisis, and to the increased efforts and...
Persistent link: https://www.econbiz.de/10013036926
Every year the UK government spends billions of pounds purchasing goods, works and services that are vital to growth, development, health and social welfare. Performed well, public procurement helps a government to nurture competition, save money, and provide better public services. These...
Persistent link: https://www.econbiz.de/10013235153
This paper examines the question of how a nation can combat corruption and collusion and prevent these practices from plaguing and undermining public procurement processes. This matter is especially important to Brazil where Operation Car Wash (Operação Lava Jato) exposed widespread corruption...
Persistent link: https://www.econbiz.de/10013237091
China's fight against corruption appears to have reached a stalemate. The fluctuation in the number of corruption prosecution, which was a characteristic of the official statistics until the early 1990s, has virtually vanished. Instead, one sees flat lines. The stalemate is surprising given the...
Persistent link: https://www.econbiz.de/10014180260
In January 2010 the Costa Rican Treasury received US$10 million in payment of a settlement agreement signed within the civil proceedings initiated by the Costa Rican Attorney General’s Office for Public Ethics against Alcatel to repair the social damage emerging from a corruption case...
Persistent link: https://www.econbiz.de/10014185243