Abstract
We construct a simple two-stage model of reputation building in a corrupt environment. The existence of incorruptible firms helps corruptible firms establish a reputation for not paying bribes.
Original language | English |
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Pages (from-to) | 115-122 |
Number of pages | 8 |
Journal | Australian Economic Papers |
Volume | 51 |
Issue number | 3 |
DOIs | |
Publication status | Published - Sept 2012 |