Regulation and Monitoring with Corrupt Bureaucrats
AbstractMost regulatory government agencies to monitor the degree of compliance. These tasks are usually delegated to bureaucrats who, as self interested agents, may engage in corrupt behaviour. Opportunities for bribe taking are most likely to arise when the government (principle) is imperfectly informed about the degree of compliance, but the bureaucrats (agents) are fully informed. This paper outlines a strategy which may be employed to prevent corrupt behaviour.
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Bibliographic InfoPaper provided by University of Adelaide, School of Economics in its series School of Economics Working Papers with number 1999-04.
Length: 30 pages
Date of creation: 1999
Date of revision:
Publication status: Published in Environment and Development Economics, 2002, vol. 7, pp. 407-427 as ''Environmental Controls with Corrupt Bureaucrats''
regulatory policy; corruption; environmental and resource economics;
Find related papers by JEL classification:
- H1 - Public Economics - - Structure and Scope of Government
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
- L5 - Industrial Organization - - Regulation and Industrial Policy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Basu, Kaushik & Bhattacharya, Sudipto & Mishra, Ajit, 1992. "Notes on bribery and the control of corruption," Journal of Public Economics, Elsevier, vol. 48(3), pages 349-359, August.
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