We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the 'corruptibility' of bureaucrats in each case. Results … is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. -- corruption ; bureaucratic …

privatization is more likely to be chosen if the government is politically weak. -- Corruption ; Bureaucratic Structure ; Developing …

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of … assumptions on the structure of the game. -- corruption ; repeated games ; hold up ; extortion ; capture …

Dieser Beitrag setzt sich mit dem Verhältnis von Schattenwirtschaft und Korruption auseinander. Es wird insbesondere … institutionelle Rahmenbedingungen und Politikmaßnahmen auf Korruption und Schattenwirtschaft auswirken. …