Petty corruption

Yoo, Seung Han

doi:10.1007/s00199-007-0299-3

Cited by 14 publications

(8 citation statements)

References 5 publications

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“…If the process is repeated, however, players remember their own actions and those they dealt with, and they learn what other actors have done. Here, there can be equilibrium paths of normal bribes where any defection would cause the whole corrupt system to unravel (LMR 2007, Yoo 2008. These equilibria impose different degrees of social harm depending on the pattern of bribes.…”

Section: Multiple Corruption Pointsmentioning

confidence: 96%

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The Law and Economics of Bribery and Extortion

Rose‐Ackerman

2010

Annu. Rev. Law. Soc. Sci.

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Corruption has serious economic and social costs and can undermine government legitimacy. Economic analysis can help one understand the incentives for bribery and extortion and the deterrent effect of the law. Such analysis suggests that the law in many jurisdictions ought to be redesigned. Penalties are poorly tied to the marginal benefits of bribery. Small bribes often are more effectively deterred than larger ones because penalties are not tied to the perpetrators' gains. Economic analysis also highlights the tension between obtaining evidence to bring a case ex post and deterrence ex ante. Furthermore, enforcement programs have not incorporated bureaucratic structure in a sophisticated way, and in many countries the criminal law only applies to individuals, not firms. In short, economic analysis can help guide the reform debate by proposing workable law enforcement strategies for the control of bribery and extortion.

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Section: Multiple Corruption Pointsmentioning

confidence: 96%

“…Lambert-Mogiliansky et al (LMR) (2007(LMR) ( , 2008, using a Nash equilibrium model of sequential bribe demands, show that, under some conditions, no applicant even starts the process because all believe that they will lose money (see also Yoo 2008). Olken & Barron only study the behavior of truckers already on the road.…”

Section: Multiple Corruption Pointsmentioning

confidence: 97%

The Law and Economics of Bribery and Extortion

Rose‐Ackerman

2010

Annu. Rev. Law. Soc. Sci.

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“…To capture these characteristics of the problem, we develop a one-shot game. We also assume that the entrepreneur must acquire a bureaucrats approval for the project (see Yoo, 2008). The bureaucrat can ask the entrepreneur for a bribe in exchange for providing the concession.…”

Section: Saymentioning

confidence: 99%

Corruption, Growth and Ethnic Fractionalization: A Theoretical Model

Cerqueti¹,

Coppier

Piga

2011

SSRN Journal

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This paper analyzes the existing relationship between ethnic fractionalization, corruption and the growth rate of a country. We provide a simple theoretical model. We show that a nonlinear relationship between fractionalization and corruption exists: corruption is high in homogeneous or very fragmented countries, but low where fractionalization is intermediate. In fact, when ethnic diversity is intermediate, constituencies act as a check and balance device to limit ethnically-based corruption. Consequently, the relationship between fractionalization and growth rate is also non-linear: growth is high in the middle range of ethnic diversity, low in homogeneous or very fragmented countries.

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“…One limitation of this analysis is that repeated corrupt interaction between the parties is not considered, which might lead to reputation effects (Andrianova, 2001; Basu et al, 1992; Buccirossi and Spagnolo, 2006;Dixit, 2004;Yoo, 2008). One could also include a middleman in corrupt dealings (see Bertrand et al, 2007;Guriev, 2004;Lambsdorff and Teksoz, 2004).…”

Section: Discussionmentioning

confidence: 99%