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

dc.contributor.author Basu, Kaushik
dc.contributor.author McGavock, Tamara
dc.contributor.author Zhang, Boyang
dc.date.accessioned 2013-10-02T21:58:01Z
dc.date.available 2013-10-02T21:58:01Z
dc.date.issued 2013-09
dc.description.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. en
dc.identifier http://documents.worldbank.org/curated/en/2013/09/18221190/competition-corrupts-theoretical-analysis-market-structure-incidence-corruption
dc.identifier.uri http://hdl.handle.net/10986/16047
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 6596
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject BRIBE
dc.subject BRIBERY
dc.subject BRIBES
dc.subject COLLUSION
dc.subject COMPETITIVENESS
dc.subject CORRUPT
dc.subject CORRUPT PEOPLE
dc.subject CORRUPT PRACTICES
dc.subject CORRUPTION
dc.subject CRIME
dc.subject DISCRIMINATION
dc.subject ENTREPRENEUR
dc.subject ENTREPRENEURS
dc.subject ENVIRONMENTAL REGULATIONS
dc.subject FIRMS
dc.subject INTERNATIONAL LAW
dc.subject INVISIBLE HAND
dc.subject JUSTICE
dc.subject MARKET COMPETITION
dc.subject MARKET FAILURES
dc.subject MARKET PRICE
dc.subject MARKET STRUCTURE
dc.subject POLICE
dc.subject SHOP
dc.subject SHOPS
dc.subject SURPLUS
dc.subject WILL
dc.subject industrial organization
dc.title When Competition Corrupts : A Theoretical Analysis of Market Structure and the Incidence of Corruption en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Gender
okr.date.disclosure 2013-09-01
okr.doctype Publications & Research :: Policy Research Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2013/09/18221190/competition-corrupts-theoretical-analysis-market-structure-incidence-corruption
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Finance and Markets
okr.globalpractice Governance
okr.globalpractice Finance and Markets
okr.globalpractice Water
okr.identifier.doi 10.1596/1813-9450-6596
okr.identifier.externaldocumentum 000158349_20130909095108
okr.identifier.internaldocumentum 18221190
okr.identifier.report WPS6596
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/09/09/000158349_20130909095108/Rendered/PDF/WPS6596.pdf en
okr.topic Finance and Financial Sector Development :: Microfinance
okr.topic Public Sector Corruption and Anticorruption Measures
okr.topic Gender :: Gender and Law
okr.topic Water Resources :: Water and Industry
okr.topic Macroeconomics and Economic Growth :: Markets and Market Access
okr.topic Public Sector Development
okr.unit Development Economics Vice Presidency
okr.volume 1 of 1
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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