This paper presents a novel theory of corruption in public procurement. It considers an agency setting of contract … politician chooses a relatively lax auditing in order to create an incentive for cost-padding, and engages in corruption with the …

This paper deals with the relationship between regulatory compliance, bureaucratic corruption, lobbying and the … industrial structure of a country. We show that lobbying and bureaucratic corruption can coexist at the macro level when we allow … industrial structures: we show the implications this has for the level of compliance, corruption and lobbying in that country …

This paper examines lobbying and corruption as alternative ways of dealing with regulatory obstacles. I propose a model … that firms who join lobby groups do not stop paying bribes to bureaucrats, and firms more impacted by corruption are no … of a firm bribing legislators and other rule makers, suggesting that lobbying introduces the possibility of state capture …

This paper examines lobbying and corruption as alternative ways of dealing with regulatory obstacles. I propose a model … that firms who join lobby groups do not stop paying bribes to bureaucrats, and firms more impacted by corruption are no … of a firm bribing legislators and other rule makers, suggesting that lobbying introduces the possibility of state capture …

The paper studies procurement contracts with pre-project investigations in the presence of adverse selection and moral …