Showing 1 - 10 of 26,840
This paper examines the effectiveness of corruption control depending upon whether the bribe taker or the bribe giver initiates the corrupt interaction. The probability of corrupt exchanges depends upon the bribe and the corrupt market structure. The probability of apprehension is set but...
Persistent link: https://www.econbiz.de/10013005883
to decline as antitrust enforcement regimes had become stricter. As predicted by cartel theory, market structure is an …
Persistent link: https://www.econbiz.de/10012732885
Using the overcharge estimates for 333 cartel episodes, we evaluate the impact of cartel characteristics and changes in the market and legal environment on the magnitude of overcharges imposed by private cartels in the US and other geographic markets as early as the 18th century. The median...
Persistent link: https://www.econbiz.de/10012766577
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their implications for the official economy. In a model of self-selection with heterogeneous entrepreneurs, we show that the entrepreneurs option to flee to the underground economy...
Persistent link: https://www.econbiz.de/10011408719
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their implications for the official economy. In a model of self-selection with heterogeneous entrepreneurs, we show that the entrepreneurs' option to flee to the underground economy...
Persistent link: https://www.econbiz.de/10013320679
Persistent link: https://www.econbiz.de/10003669809
According to the productivity bias hypothesis countries have a tendency for real appreciation in their domestic … currency as a result of a productivity shock and the tendency is more pronounced in the non-tradable sectors. Balassa (1964 … the bias is more prominent in government sector compared to other component of aggregate spending …
Persistent link: https://www.econbiz.de/10012837292
This paper exploits nationalistic biases in Olympic winter sport judging to study the problem of designing a decision making process that uses the input of potentially biased agents. Judges score athletes from their own countries higher than other judges do, and they appear to vary their biases...
Persistent link: https://www.econbiz.de/10014033597
Persistent link: https://www.econbiz.de/10003716663
Persistent link: https://www.econbiz.de/10011422709