Ghatak, Anirban; Iyengar, Sudarshan - In: Studies in Microeconomics 2 (2014) 1, pp. 121-132
We study extortion bribe or harassment bribe as a mode of corruption in this article. Corruption is modelled as a network game in the study. We take reputation into account in this model, and assume that reputation has a direct effect on the pay-offs of the agents in this game. We find the...