We review microeconomic research on corruption from the last thirty years. We start by
analyzing the seminal models of corruption built on three-tier, delegation models. Then, go …

It is widely acknowledged that corruption is one of the most important factors affecting the
creation and the distribution of wealth around the world. Nowadays, there is a consensus …

This inquiry aims to investigate how the relational dynamics are imprinted on two critical
dimensions of bribe‐taking: corruptibility and corruption risks. Two treatments were …

The creation of economic institutions that can function well under substantial uncertainties--
Black Swans--is analogous to the dilemmas confronting our hunter-gatherer forefathers in …

Метою статті є визначення причин невідповідності оцінки рівня корумпованості з боку
суспільства реальному рівню корумпованості країни та її наслідки. Показано, що через …

We present a simple agency model with a revenue‐maximizing government and many
public officials (agents) in charge of collecting payments from citizens. Agents are of two …

This paper investigates interactions between waste and enforcement policies in the
presence of a corruptible bureaucrat. We set up a repeated game obtained by an infinite …

This paper deals with an inspection game between a single inspector and several
independent (potential) violators over a finite-time horizon. In each period, the inspector gets …

International business (IB) concerns business enterprises in the global context. The aim of IB
research is to help both political and business leaders understand the impact of the …

International business (IB) concerns business enterprises in the global context. The aim of IB
research is to help both political and business leaders understand the impact of the …