Article ID Journal Published Year Pages File Type
984615 Research in Economics 2009 5 Pages PDF
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”.
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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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