Burguet, Roberto - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
and the contractor sign the contract, the latter may bribe the inspector to misrepresent quality. Thus, the mechanism … the sponsor solves, and characterize the optimal contract. I discuss both the case of fixed bribes and bribes that depend … contract curtails quality not only for low e¢ ciency contractors but also for the most efficient contractors. Implementation is …