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We study bureaucratic corruption in a model in which a constituency sets required levels for a given set of activities … equilibrium corruption in two different settings: 1) Each bureaucrat maximizes his own individual utility (competitive corruption …); 2) An illegal syndicate maximizes total proceeds from corruption (organized corruption). We show that the illegal …
Persistent link: https://www.econbiz.de/10014129367
literature supports this view as it finds a negative link between corruption (secret payments to government officials) and growth …
Persistent link: https://www.econbiz.de/10014069308
level lower than the announced. We compute equilibrium corruption and we study the impact on corruption of the … influence equilibrium corruption and show that, contrary to conventional wisdom, corruption may well be increasing in …
Persistent link: https://www.econbiz.de/10014106565
We study bureaucratic corruption in a model in which a constituency sets required levels for a given set of activities … equilibrium corruption in two different settings: 1) Each bureaucrat maximizes his own individual utility (competitive corruption …); 2) An illegal syndicate maximizes total proceeds from corruption (organized corruption). We show that the illegal …
Persistent link: https://www.econbiz.de/10014108666
process. However, strengthening anti-corruption efforts is costly. This cost is part of the total financial aid and it …, the corruption is not effectively deterred while the cost of inspection consumes part of the budget. The inspection …
Persistent link: https://www.econbiz.de/10014258142
Persistent link: https://www.econbiz.de/10002891291
literature supports this view as it finds a negative link between corruption (secret payments to government officials) and growth …
Persistent link: https://www.econbiz.de/10011560654
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10010262760
experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10010263153