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- W2568045198 abstract "In this paper the analytical framework outlined by James Buchanan and Yong J. Yoon (2000) to explore the symmetric tragedies of the commons and the anti-commons is generalized to deal with the study of the relationship between institutions and corruption. A simple game theory model is built to show that corruption produces a tragedy of the anti-commons and that it can be discouraged by the introduction of competition among corrupt agents to turn it into a tragedy of the commons. It is also shown that coordinated corruption or mafia behaviour produces a better allocation of resources than uncoordinated coruption and that punishment of corruption based on earnings collected from bribes produces a better allocation of resources than sanctions based on the number of corrupt acts committed." @default.
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- W2568045198 date "2005-01-01" @default.
- W2568045198 modified "2023-09-26" @default.
- W2568045198 title "Berkeley Program in Law and Economics" @default.
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