Yavas, Cemile - In: The B.E. Journal of Economic Analysis & Policy 7 (2007) 1
. Hence, full-corruption is the unique equilibrium. Furthermore, the value of entry is always negative for the marginal firm …. Hence, there will be no entry. If firms are offered sufficiently high rewards for reporting, corruption could be eliminated …. However, a reward high enough to uproot corruption would lead to false accusations. Thus, rewarding could help reduce …