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We construct two variants of a three-player one-shot corruption game, one in which reporting on bribers is cumbersome … is, corruption, while larger penalties on the official decrease corruption. Second, when comparing the two models, we … obtain the surprising result that the probability of reciprocated bribery (corruption) is higher in the variant where the …
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Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10010954409
Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10010300175
Corrupt arrangements are characterized by a high risk of opportunism: double-dealing, whistle-blowing and extortion are significant uncertainties for participants in corrupt transactions. This paper demonstrates how legislators may use an asymmetric design of (criminal) sanctions and leniency...
Persistent link: https://www.econbiz.de/10005635365
To which extent high performances in professional sports are based on the use of illicit substances or other doping practices is extremely difficult to measure empirically. Game-theoretical approaches predict strong incentives to dope based on the interaction among athletes (prisoner's dilemma)...
Persistent link: https://www.econbiz.de/10011108186
dysfunction as a result of action of institutional factors, in particular, corruption as an informal negative institute. The … the level of perceptible corruption. This suggests that democracy facilitates dispersion of responsibility and alienation …
Persistent link: https://www.econbiz.de/10011257696
administration of tax and regulatory regimes--not higher tax rates alone--as well as corruption, that increases the size of the … firms experience a greater tax and regulatory burden, as well as more bribery and corruption. The unofficial economy is also … larger unofficial economy tend to grow more slowly. Thus, this framework suggests an additional channel whereby corruption …
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