A Model of Corruption in an Investment Project

The present paper analyzes the phenomenon of corruption in the context of a Public Works Department (PWD) in a developing country city and examines its tenacity in the face of anticorruption measures. Different behaviour patterns of the supervisor (official) of the PWD have been considered. The interesting result to emerge is that corruption may show a high degree of robustness against marginal attacks and such measures may actually be counterproductive in the different cases considered in this paper. Keywords: Corruption, investment project, supervisor, contractor, bribe, anticorruption measures

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Year of publication:	2007
Authors:	Sikdar, Soumyen ; Chaudhuri, Sarbajit
Publisher:	[S.l.] : SSRN
Subject:	Korruption \| Corruption \| Investition \| Investment \| Theorie \| Theory \| Investitionsentscheidung \| Investment decision \| Projektmanagement \| Project management