Matches in SemOpenAlex for { <https://semopenalex.org/work/W1513284141> ?p ?o ?g. }
- W1513284141 abstract "We develop a model of occupational choice in which private agents have the option of either working in some costless, but low-yielding, activity (subsistence production), or undertaking a costly, but potentially more rewarding, venture (entrepreneurship). In the case of the latter, loans must be acquired from ?nancial intermediaries and licenses must be obtained from public officials. Associated with these tasks are two potential sources of imperfection - an imperfection in fi?nancial markets due to asymmetric information and an imperfection in governance due to rent-seeking. Rent-seeking is risky because of a random probability that it will be detected and punished. Against this background, we show how corruption has di¤erent effects depending on the way that it is practised: in the case of disorganised corruption, bribe payments are uncertain and capital market imperfections are allowed to surface; in the case of organised corruption both of these features are removed. The implication is that, in terms of deterring entrepreneurial activity, organised corruption is likely to be the lesser of the two evils, even if bribe demands are higher in this case. This result may be used to explain the puzzle of why corruption appears to be much less damaging in some countries than in others." @default.
- W1513284141 created "2016-06-24" @default.
- W1513284141 creator A5044679863 @default.
- W1513284141 creator A5065418938 @default.
- W1513284141 date "2009-12-01" @default.
- W1513284141 modified "2023-09-25" @default.
- W1513284141 title "Uncertainty, entrepreneurship and the organisation of corruption" @default.
- W1513284141 cites W1526859056 @default.
- W1513284141 cites W1550693638 @default.
- W1513284141 cites W1605461580 @default.
- W1513284141 cites W1830405777 @default.
- W1513284141 cites W1966340447 @default.
- W1513284141 cites W1967747251 @default.
- W1513284141 cites W1980206192 @default.
- W1513284141 cites W1991128340 @default.
- W1513284141 cites W1992109042 @default.
- W1513284141 cites W2010235856 @default.
- W1513284141 cites W2014088286 @default.
- W1513284141 cites W2028631180 @default.
- W1513284141 cites W2053338488 @default.
- W1513284141 cites W2057811978 @default.
- W1513284141 cites W2060744560 @default.
- W1513284141 cites W2060951857 @default.
- W1513284141 cites W2067183084 @default.
- W1513284141 cites W2072370348 @default.
- W1513284141 cites W2078154843 @default.
- W1513284141 cites W2081494404 @default.
- W1513284141 cites W2103776815 @default.
- W1513284141 cites W2107729441 @default.
- W1513284141 cites W2112185140 @default.
- W1513284141 cites W2120303470 @default.
- W1513284141 cites W2124282699 @default.
- W1513284141 cites W2133771254 @default.
- W1513284141 cites W2134472446 @default.
- W1513284141 cites W2137687212 @default.
- W1513284141 cites W2139854896 @default.
- W1513284141 cites W2157182507 @default.
- W1513284141 cites W2159860580 @default.
- W1513284141 cites W2163805184 @default.
- W1513284141 cites W2322645823 @default.
- W1513284141 cites W2498456071 @default.
- W1513284141 cites W3121409021 @default.
- W1513284141 cites W3121745917 @default.
- W1513284141 cites W3122254355 @default.
- W1513284141 cites W3123080973 @default.
- W1513284141 cites W3123952050 @default.
- W1513284141 cites W3124866493 @default.
- W1513284141 cites W3125784551 @default.
- W1513284141 cites W160642546 @default.
- W1513284141 hasPublicationYear "2009" @default.
- W1513284141 type Work @default.
- W1513284141 sameAs 1513284141 @default.
- W1513284141 citedByCount "1" @default.
- W1513284141 countsByYear W15132841412014 @default.
- W1513284141 crossrefType "posted-content" @default.
- W1513284141 hasAuthorship W1513284141A5044679863 @default.
- W1513284141 hasAuthorship W1513284141A5065418938 @default.
- W1513284141 hasConcept C100001284 @default.
- W1513284141 hasConcept C10138342 @default.
- W1513284141 hasConcept C118518473 @default.
- W1513284141 hasConcept C124952713 @default.
- W1513284141 hasConcept C139569457 @default.
- W1513284141 hasConcept C142362112 @default.
- W1513284141 hasConcept C144133560 @default.
- W1513284141 hasConcept C145097563 @default.
- W1513284141 hasConcept C156005406 @default.
- W1513284141 hasConcept C162324750 @default.
- W1513284141 hasConcept C17744445 @default.
- W1513284141 hasConcept C18903297 @default.
- W1513284141 hasConcept C199539241 @default.
- W1513284141 hasConcept C2780027415 @default.
- W1513284141 hasConcept C34447519 @default.
- W1513284141 hasConcept C39389867 @default.
- W1513284141 hasConcept C84309077 @default.
- W1513284141 hasConcept C86803240 @default.
- W1513284141 hasConcept C94625758 @default.
- W1513284141 hasConcept C98847204 @default.
- W1513284141 hasConceptScore W1513284141C100001284 @default.
- W1513284141 hasConceptScore W1513284141C10138342 @default.
- W1513284141 hasConceptScore W1513284141C118518473 @default.
- W1513284141 hasConceptScore W1513284141C124952713 @default.
- W1513284141 hasConceptScore W1513284141C139569457 @default.
- W1513284141 hasConceptScore W1513284141C142362112 @default.
- W1513284141 hasConceptScore W1513284141C144133560 @default.
- W1513284141 hasConceptScore W1513284141C145097563 @default.
- W1513284141 hasConceptScore W1513284141C156005406 @default.
- W1513284141 hasConceptScore W1513284141C162324750 @default.
- W1513284141 hasConceptScore W1513284141C17744445 @default.
- W1513284141 hasConceptScore W1513284141C18903297 @default.
- W1513284141 hasConceptScore W1513284141C199539241 @default.
- W1513284141 hasConceptScore W1513284141C2780027415 @default.
- W1513284141 hasConceptScore W1513284141C34447519 @default.
- W1513284141 hasConceptScore W1513284141C39389867 @default.
- W1513284141 hasConceptScore W1513284141C84309077 @default.
- W1513284141 hasConceptScore W1513284141C86803240 @default.
- W1513284141 hasConceptScore W1513284141C94625758 @default.
- W1513284141 hasConceptScore W1513284141C98847204 @default.
- W1513284141 hasLocation W15132841411 @default.
- W1513284141 hasOpenAccess W1513284141 @default.
- W1513284141 hasPrimaryLocation W15132841411 @default.