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Making sense of corruption

Publication date
2007
Document type
Working paper
Author
Beckmann, Klaus Bertram 
Gerrits, Carsten
Organisational unit
VWL, insb. Ökonomik des öffentlichen Sektors 
URL
https://hdl.handle.net/10419/23722
URI
https://openhsu.ub.hsu-hh.de/handle/10.24405/4379
Publisher
Helmut-Schmidt-Universität / Universität der Bundeswehr Hamburg
Series or journal
Diskussionspapier / Helmut-Schmidt-Universität / Fächergruppe Volkswirtschaftslehre 
Periodical issue
73
Part of the university bibliography
✅
  • Additional Information
Language
English
Abstract
Our very simple model serves to illustrate that it is useful to think of corruption as implicit privatisation cum auction, i.e. of the state relegating decision-making authority to a private person, who then auctions the rents off.
Version
Not applicable (or unknown)
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