Corruption as a Gamble

Details

Serval ID
serval:BIB_DC66DE32D0DB
Type
Article: article from journal or magazin.
Collection
Publications
Title
Corruption as a Gamble
Journal
Journal of Public Economics
Author(s)
Cadot O.
ISSN
0047-2727
Publication state
Published
Issued date
1987
Peer-reviewed
Oui
Volume
33
Number
2
Pages
223 - 244
Language
english
Abstract
In the following model of corruption, a simple game is set up whose players are a government official granting a permit, conditional on a test, and a candidate requesting the permit. The game is solved under different assumptions as to the information sets of the players: perfect information, asymmetric information and imperfect information on both sides. In the latter case, after characterizing the solution and presenting some important comparative-statics results, the paper moves on to show the emergence of multiple equilibria in corruption, illustrating the interaction of corruption at different hierarchical levels of an administration.
Web of science
Create date
19/11/2007 11:50
Last modification date
20/08/2019 17:01
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