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Hidden Corruption

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Author Info
Pani, M.
Abstract

While most economic studies on corruption are mainly concerned with its actual occurrence, in this paper we claim that most economic effects rather derive from its mere possibility. When corruption is prevented through an expensive monitoring activity and by offering high incentives, its effects persist although corruption does not actually occur - a situation that may be described as "hidden corruption".

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Publisher Info
Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 506.

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Length: 32 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:wrk:warwec:506

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Web page: http://www2.warwick.ac.uk/fac/soc/economics/
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Related research
Keywords: CORRUPTION ; INCENTIVES;

Find related papers by JEL classification:
K1 - Law and Economics - - Basic Areas of Law
K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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This page was last updated on 2009-12-18.

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