Making sense of corruption

Our very simple model serves to illustrate that it is useful to think of corruption as implicit privatisation cum auction, i.e. of the state relegating decision-making authority to a private person, who then auctions the rents off.

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Year of publication:	2007
Authors:	Gerrits, Carsten ; Beckmann, Klaus
Publisher:	Hamburg : Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
Subject:	Korruption \| Public Choice \| Interessenpolitik \| Rent Seeking \| Substitutionseffekt \| Theorie

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Series:	Diskussionspapier ; 73
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	557076544 [GVK] hdl:10419/23722 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263468