Showing 1 - 10 of 2,776
We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary testosterone, estradiol, progesterone, and cortisol in more than 200 subjects. Females bid significantly higher and earn significantly lower profits than males. Moreover,...
Persistent link: https://www.econbiz.de/10009544159
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we …
Persistent link: https://www.econbiz.de/10003878997
This paper demonstrates the effect of country level corruption on illicit behavior of individuals in a foreign country … States from corruption-ridden countries are more likely to be apprehended than individuals from less corrupt countries are. …
Persistent link: https://www.econbiz.de/10010425986
techniques highlight the home country's social ills such as corruption, theft and homicide as key determinants. Also included in … host country. These results suggest that chronic socio-economic problems such as corruption, crimes, and poverty in the …
Persistent link: https://www.econbiz.de/10011382483
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10011729453
The paper investigates the effects of checks and balances on corruption. Within a presidential system, effective … government and elected, rather than appointed, state supreme court judges are associated with lower corruption and, furthermore …
Persistent link: https://www.econbiz.de/10010320920
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … institutional environment the corruptible employee's or official's decision to engage in corruption is affected by relative wages … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we …
Persistent link: https://www.econbiz.de/10010320993
confidential IRS audit data, we show that corporations with owners from countries with higher corruption norms engage in higher … owners are from countries with higher corruption norms. This suggests that cultural norms can be a challenge to legal …
Persistent link: https://www.econbiz.de/10014176768
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … institutional environment the corruptible employee's or official's decision to engage in corruption is affected by relative wages … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we …
Persistent link: https://www.econbiz.de/10014215276
Using a conviction-based measure, we find that local (state-level) public corruption exerts a negative effect on the … lending activity of US banks. Our baseline estimations show that the difference in public corruption between, e.g., Alabama …, where corruption is high, and Minnesota, where corruption is low, implies that banks headquartered in the former state grant …
Persistent link: https://www.econbiz.de/10014105146