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Black sheep or scapegoats? : implementable monitoring policies under unobservable levels of misbehavior
Buechel, Berno; Mühlheußer, Gerd - 2014
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10010256706
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Optimal law enforcement with sophisticated and naive offenders
Buechel, Berno; Feess, Eberhard; Mühlheußer, Gerd - 2018
Research in criminology has shown that the perceived risk of apprehension often differs substantially from the true level. To account for this insight, we extend the standard economic model of law enforcement (Becker, 1968) by considering two types of offenders, sophisticates and naïves. The...
Persistent link: https://www.econbiz.de/10011864423
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Black Sheep or Scapegoats? Implementable Monitoring Policies under Unobservable Levels of Misbehavior
Buechel, Berno; Mühlheusser, Gerd - CESifo - 2014
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10010752436
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Incentives to Innovate and Social Harm: Laissez-Faire, Authorization or Penalties?
Immordino, Giovanni; Pagano, Marco; Polo, Michele - C.E.P.R. Discussion Papers - 2009
deterrence) and guide the use to which innovation is put (marginal deterrence). We show that public intervention should become …
Persistent link: https://www.econbiz.de/10005000438
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The Political Economy of Mahatma Gandhi National Rural Employment Guarantee Scheme Spending in Andhra Pradesh
Sheahan, Megan; Liu, Yanyan; Barrett, Christopher B.; … - 2014
While government spending on pro-poor community asset creation and income-transfers could have compounding positive effects on poverty reduction, it is important to first study trends in the allocation of funds, particularly as they relate to the susceptibility of the program to political...
Persistent link: https://www.econbiz.de/10014141932
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Institutional and political determinants of private participation in infrastructure
Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014
financing increases with freedom from corruption, rule of law, quality of regulations, and decreases with court disputes. We …
Persistent link: https://www.econbiz.de/10010507053
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Institutional and political determinants of private participation in infrastructure : prepared for the Roundtable: Public Private Partnerships for Transport Infrastructure: Renegot...
Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014 - Rev. October 2014
financing increases with freedom from corruption, rule of law, quality of regulations, and decreases with court disputes. We …
Persistent link: https://www.econbiz.de/10010478609
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Macro-Fiscal Gains from Anti-Corruption Reforms in the Republic of Congo
Melina, Giovanni - 2019
This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result … of limited transparency and accountability. Corruption has potentially contributed to poor macro-fiscal outcomes. The … paper acknowledges the authorities' anti-corruption efforts made so far and proposes further critical reforms to reduce …
Persistent link: https://www.econbiz.de/10012867679
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The Relationship between Perceived Corruption and FDI : A Longitudinal Study in the Context of Egypt
Moustafa, Eman - 2021
This paper investigates the dynamic relationship between perceived corruption and foreign direct investment (FDI) in … Egypt during the period 1970–2019. Using a novel back-casting methodology, it extrapolates perceived corruption time series … show a positive relationship between perceived corruption and FDI, supporting the “greasing the wheels” effect of …
Persistent link: https://www.econbiz.de/10013213908
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Corruption and Infrastructure at the Country and Regional Level
Gillanders, Robert - Volkswirtschaftliche Fakultät, … - 2013
This paper examines the relationship between corruption and infrastructure at both the country and regional level using … the measure of corruption in the macro data and the measures of transportation and electricity infrastructure. Countries … with more corruption tend to have worse infrastructure in the eyes of their firms. This link is shown to remain when one …
Persistent link: https://www.econbiz.de/10011259578