Corruption and Competition in Procurement Auctions
Corruption and Competition in Procurement Auctions
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Publisher
Santa Monica: RAND
Journal title
Language
English
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Publisher
Santa Monica: RAND
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Scope and Contents
Contents
We investigate the effect of corruption on competition in procurement. Our assumption is that the bureaucrat (i.e., the agent that administers the market), if corrupt, may provide an opportunity for bid readjusments in exchange for a bribe. As firms expect to be paying a bribe, a mechanical effect of corruption is to increase the contract price by...
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Full title
Corruption and Competition in Procurement Auctions
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Author / Creator
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Record Identifier
TN_cdi_proquest_miscellaneous_38153044
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_38153044
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ISSN
0741-6261
E-ISSN
1756-2171