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        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption
        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption

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        When Competition Corrupts: A Theoretical Analysis of Market Structure and the Incidence of Corruption

        ABSTRACT

        The paper develops a simple model to demonstrate that, paradoxically, greater competition may exacerbate the problem of corruption. Market participants engaging in corrupt practices enjoy lower production costs—maybe because they pay a bribe to avoid installing the environmental safeguards required by law—such that honest players are driven out of the market when the market becomes sufficiently competitive.

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        DOCUMENT INFO

        • TypeTemplate
        • PriceFree
        • FormatPDF
        • Size253 KB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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