Corruption as a Gamble
Détails
ID Serval
serval:BIB_DC66DE32D0DB
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Corruption as a Gamble
Périodique
Journal of Public Economics
ISSN
0047-2727
Statut éditorial
Publié
Date de publication
1987
Peer-reviewed
Oui
Volume
33
Numéro
2
Pages
223 - 244
Langue
anglais
Résumé
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.
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Création de la notice
19/11/2007 10:50
Dernière modification de la notice
20/08/2019 16:01