Showing 71 - 80 of 48,837
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10011729453
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
ineffective standard anti-corruption practices, such as whistle-blowing protection policies. We highlight that closing the …
Persistent link: https://www.econbiz.de/10012220065
and rule-based auction procurement procedures. We show that adopting a two stage approach in which bureaucrats first … corruption risks often observed in negotiated procedures. For rule-based procedures, we show that a "third-price lottery" in …
Persistent link: https://www.econbiz.de/10014518227
century. Secondly, in one area of economic activity - trade in government procurement markets - the revised WTO Agreement on … Government Procurement (GPA) is emerging as a multi-dimensional tool of trade, governance and development. The thesis of this …
Persistent link: https://www.econbiz.de/10010435379
century. Secondly, in one area of economic activity - trade in government procurement markets - the revised WTO Agreement on … Government Procurement (GPA) is emerging as a multi-dimensional tool of trade, governance and development. The thesis of this …
Persistent link: https://www.econbiz.de/10010426539
We study the effects of corruption on equilibrium competition and social welfare in a first-price public procurement … government, who may request a bribe from the winning firm afterward. We first show that, in the absence of corruption, the … bureaucrat will invite more than socially optimal number of firms into the auction. Secondly, the effects of corruption on …
Persistent link: https://www.econbiz.de/10012999794
The paper analyses the impact of incompetence and corruption in procurement auctions. The government plans to build a … public good of a certain quality. To implement this plan the government conducts a procurement auction where a firm that … to measurement errors: the measured quality may not be the same as the actual quality. There is also corruption in the …
Persistent link: https://www.econbiz.de/10013217879
This paper analyses the impact of favouritism and corruption in procurement auctions in an emerging economy. There are … a good that meets a certain quality standard failing which its payment would be withheld. There is corruption in the …
Persistent link: https://www.econbiz.de/10013290136
for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement … officials who are themselves investigated for corruption, they are used less often in procurement administrations in which at …
Persistent link: https://www.econbiz.de/10012224342