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Persistent link: https://www.econbiz.de/10010375577
corruption that is consistent over time and across countries. The composite indicator is validated using company profitability …Although both the academic and policy communities have attached great importance to measuring corruption, most of the … indicator of grand corruption based on a wide range of elementary indicators. These indicators are derived from a rich …
Persistent link: https://www.econbiz.de/10010235248
This paper develops 30 novel quantitative indicators of grand corruption that operationalize 20 distinct techniques of … corruption in the context of public procurement. Each indicator rests on a thorough qualitative understanding of rent extraction … composite indicator of high-level corruption, the high degree of detail also reveals that many regulatory interventions have …
Persistent link: https://www.econbiz.de/10010209048
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/10014493870
The goal of this paper is to show how institutional and procedural characteristics affect the final price of the public procurement. In order to get comparable prices, only public procurement of homogeneous goods is analyzed. Presented model attempts to explain the variation in unit price as a...
Persistent link: https://www.econbiz.de/10009744196
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement mechanism is delegated to an agent of the buyer. The agent has private information about the buyer's preferences and may collude with one of the sellers. We provide a precise...
Persistent link: https://www.econbiz.de/10010291548
. -- corruption ; auctions ; negotiations ; public procurement …
Persistent link: https://www.econbiz.de/10009689581
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement mechanism is delegated to an agent of the buyer. The agent has private information about the buyer s preferences and may collude with one of the sellers. We provide a precise...
Persistent link: https://www.econbiz.de/10010342227
This paper develops 30 novel quantitative indicators of grand corruption that operationalize 20 distinct techniques of … corruption in the context of public procurement. Each indicator rests on a thorough qualitative understanding of rent extraction … composite indicator of high-level corruption, the high degree of detail also reveals that many regulatory interventions have …
Persistent link: https://www.econbiz.de/10013075333
following issues: (a) how do irregularities and instances of corruption persist in spite of safeguards and thereby find the … deficiencies of the current procurement processes and control mechanisms, (b) recommending appropriate corruption prevention …
Persistent link: https://www.econbiz.de/10012961585