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The article provides a survey of the growing experimental literature on the investigation of corruption and extends previous surveys. We discuss three aspects which deserve more attention in further research. These are, first, a more careful consideration of individual norms, second, a broader...
Persistent link: https://www.econbiz.de/10015231645
The article provides a survey of the growing experimental literature on the investigation of corruption and extends previous surveys. We discuss three aspects which deserve more attention in further research. These are, first, a more careful consideration of individual norms, second, a broader...
Persistent link: https://www.econbiz.de/10011111102
Persistent link: https://www.econbiz.de/10015210431
Persistent link: https://www.econbiz.de/10012415768
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I solve a first-price auction for two bidders with asymmetric budget distributions and known valuations for one object. I show that in any equilibrium, the expected utilities and bid distributions of both bidders are unique. If budgets are sufficiently low, the bidders will bid their entire...
Persistent link: https://www.econbiz.de/10015261393
Deme et al. (2005, DFN) present a general equilibrium model for the case of Lesotho with a rising step skill acquisition function. DFN show that only a large amount of government expenditure on education, training and skill acquisition can pull the economy out of its inertia. As a comment on...
Persistent link: https://www.econbiz.de/10008740592
A policymaker selects a group of citizens—a minipublic—to advise her on the desirability of a policy. Each citizen can discover local evidence about the policy but might prefer not to due to political uncertainty in the policymaker’s adoption threshold. Such uncertainty is detrimental to...
Persistent link: https://www.econbiz.de/10013244821