Bargaining for bribes under uncertainty

A corrupt transaction is often the result of bargaining between the parties involved. This paper models bribery as a double auction where a private citizen and a public official strategically interact as the potential buyer and the potential seller of a corrupt service. Individuals differ in the int...

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Bibliographic Details
Main Author: Serra, D
Format: Working paper
Language:English
Published: CSAE (University of Oxford) 2008