Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
984615 | Research in Economics | 2009 | 5 Pages |
Abstract
Using discriminatory price auctions with variable supply, we explore a situation in which a corruptible public employee is in charge of producing and allocating a finite number of goods among consumers with uniformly distributed valuations. The negative effects of corruption are lower when the employee's task is to “provide at leastq0goods” than when the employee is required to “provide exactlyq0 goods”.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Raluca Elena Buia,