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in the Potterian model. To accomplish this, we focus on a textbook version of Solow’s economic growth model. The analysis … of the Potterian economy reveals that the Potterian model fits quite well the predictions of the economic growth model …
Persistent link: https://www.econbiz.de/10010434312
Electoral legislation varies across countries and within countries over time, and across different types of elections in terms of how it allows publication of intermediate election results including turnout and candidates' vote shares during an election day. Using a pivotal costly voting model...
Persistent link: https://www.econbiz.de/10012221414
We study the effect of public information on collective decision-making in committees, where members can have both common and conflicting interests. In the presence of public information, the simple and efficient vote-your-signal strategy profile no longer constitutes an equilibrium under the...
Persistent link: https://www.econbiz.de/10011729095
The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of bureaucrats. Each entrepreneur's project is approved if and only if it is cleared by each bureaucrat. The project value is stochastic; its value is observed only by the entrepreneur,...
Persistent link: https://www.econbiz.de/10010292052
The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of bureaucrats. Each entrepreneur's project is approved if and only if it is cleared by each bureaucrat. The project value is stochastic; its value is observed only by the entrepreneur,...
Persistent link: https://www.econbiz.de/10003810143
in annual growth …
Persistent link: https://www.econbiz.de/10012733943
We examine the effects of randomly introduced economic inequality on voluntary cooperation and whether this relationship is influenced by the quality of local institutions, as proxied by corruption. We use representative data from a large-scale lab-in-the-field public goods experiment with over...
Persistent link: https://www.econbiz.de/10013242681
We examine the effects of randomly introduced economic inequality on voluntary co- operation and whether this relationship is influenced by the quality of local institutions, as proxied by corruption. We use representative data from a large-scale lab-in-the-field public goods experiment with...
Persistent link: https://www.econbiz.de/10013315085
Goods are often allocated publicly by means of queuing processes in developing countries. In such situations, which group of citizens should a corrupt government official favor? In addition, what should be the basis for this favoritism? To the best of our knowledge, these salient questions have...
Persistent link: https://www.econbiz.de/10014028846
This review attempts to identify treatments of corruption that draw upon characteristics of underdevelopment either as causes or as consequences. It focuses on three aspects of corruption in developing economies: red tape, rent-seeking, and the abundance of intermediaries. Red tape is presented...
Persistent link: https://www.econbiz.de/10014044704