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The paper examines the practice of charging bribes for faster delivery of a good or a service. A model is developed for a market where a public provider sells a good or service at an announced price through a delivery agent, and the latter extracts bribes to allow customers to jump the queue.The...
Persistent link: https://www.econbiz.de/10014089746
The paper examines the practice of charging bribes for faster delivery of a good or a service. A model is developed for a market where a public provider sells a good or service at an announced price through a delivery agent, and the latter extracts bribes to allow customers to jump the queue....
Persistent link: https://www.econbiz.de/10014085629