CEU Electronic Theses and Dissertations, 2007
| Author | Ismayilov, Huseyn Ismayil |
|---|---|
| Title | The Corruption Game |
| Summary | This thesis provides a new framework to analyze corruption. Corruption is defined here as a deviation from cooperative equilibrium in order to gain advantage over other players. It is shown that corruption can lead to an increase in efficiency under certain conditions when there is over taxation by the regulator and when a contribution to the common pool can be enforced to certain extent. However, generally, corruption decreases overall efficiency, and increases inequality. The effect of abundance in natural resources and economic uncertainty is also analyzed. |
| Supervisor | Danziger, Leif |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2007/c05ish01.pdf |
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