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Corruption dynamics : the golden goose effect

By:

Niehaus, Paul

Material type: Text

TextPublication details: 2013Action note:

12/30/13 SANDRAW

Summary: Argues that if there is some chance of detecting and dismissing corrupt agents then the principal can mitigate the problem by paying an efficiency wage. Focuses on the dynamic trade-off between extracting rents today and improving one's chances of surviving to extract rent tomorrow, the golden goose effect.

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Holdings
Item type	Current library	Call number	Status	Barcode
Analytic	CARICOM Documentation Centre	Serial (Browse shelf(Opens below))	Available	0000000030641

Argues that if there is some chance of detecting and dismissing corrupt agents then the principal can mitigate the problem by paying an efficiency wage. Focuses on the dynamic trade-off between extracting rents today and improving one's chances of surviving to extract rent tomorrow, the golden goose effect.

12/30/13 SANDRAW

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