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Enforcement and public corruption : evidence from US states

Alt, James E.; Dreyer Lassen, David - 2010

We use high-quality panel data on corruption convictions, new panels of assistant U.S. attorneys and relative public sector wages, and careful attention to the consequences of modeling endogeneity to estimate the impact of prosecutorial resources on criminal convictions of those who undertake...

Persistent link: https://www.econbiz.de/10008659220

Enforcement and Public Corruption : Evidence from US States

Alt, James E.; Lassen, David Dreyer - 2010

Persistent link: https://www.econbiz.de/10014191902

Corporate Leniency Programs in the EU and the USA

Walzl, Markus; Feess, Eberhard - 2003

We develop a model to analyze and to compare the corporate leniency programs in the EU and the USA. Both programs are based on the idea that strategic interactions between the team members can be used to increase expected fines by being generous to self-reporting firms. This is in sharp contrast...

Persistent link: https://www.econbiz.de/10014088596

Learning the law

Engel, Christoph - 2004

psychology of learning, and work form social scientists on learning.The paper makes the following claim: typically the law … reaches its addressees indirectly. The law is not followed, it is learned. There are two distinct learning objects. Throughout … take the form of schema-like social mirror rules, or of exemplars.Learning also is the key to understanding how individuals …

Persistent link: https://www.econbiz.de/10011582792

Contagion risk and network design

Cerdeiro, Diego; Dziubinski, Marcin; Goyal, Sanjeev - 2015

Individuals derive benefits from their connections, but these may, at the same time, transmit external threats. Individuals therefore invest in security to protect themselves. However, the incentives to invest in security depend on their network exposures. We study the problem of designing a...

Persistent link: https://www.econbiz.de/10011283214

How large are learning externalities?

Seung Mo Choi - In: International economic review 52 (2011) 4, pp. 1077-1103

Persistent link: https://www.econbiz.de/10009385422

Measuring disparities in non-school costs and revenue capacity among Massachusetts cities and towns

Bradbury, Katharine L. (contributor); Zhao, Bo (contributor) - 2007

This paper develops new measures of environmental costs and local revenue capacity as the basis for a new municipal aid formula in Massachusetts. On the cost side, unlike previous studies, we quantify the effects on local non-school spending of characteristics related to uncontrollable costs. On...

Persistent link: https://www.econbiz.de/10003715697

Designing state aid formulas : the case of a new formula for distributing municipal aid in Massachusetts

Zhao, Bo (contributor); Bradbury, Katherine (contributor) - 2008

This paper designs a new equalization-aid formula based on fiscal gaps of local communities. Using conceptual analysis and simulations with Massachusetts data, the authors illustrate the tradeoffs that policymakers face in deciding on the policy variables in the formula and lay out several...

Persistent link: https://www.econbiz.de/10003715837

Late budgets

Andersen, Asger Lau; Dreyer Lassen, David; Nielsen, … - 2010

The budget forms the legal basis of government spending. If a budget is not in place at the beginning of the fiscal year, planning as well as current spending are jeopardized and government shutdown may result. This paper develops a continuous-time war-of-attrition model of budgeting in a...

Persistent link: https://www.econbiz.de/10003959988

Strategic analysis of influence peddling

Majumdar, Mukul; Yoo, Seung Han - 2011

This paper analyzes "Influence Peddling" with interaction between human capital transfer and collusion-building aspects in a model, in which each government official regulates multiple firms simultaneously. We show that (i) there exists an "optimal" division rule for collusion between a sequence...

Persistent link: https://www.econbiz.de/10009240652

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