3 Incentives, Rents, and the Principal–Agent Problem

Lecture

English New Window Spanish New Window

Reading

Klitgaard, Robert (1988). Controlling Corruption. University of California Press. Read Chapter 1. (PDF EN/ES) Required.

Shleifer, Andrei, and Robert W. Vishny (1993). “Corruption.” Quarterly Journal of Economics, 108(3), 599–617. (PDF EN/ES) Required.

Rose-Ackerman, Susan (1978). Corruption: A Study in Political Economy. Academic Press. Read Chapters 1–2. (PDF EN/ES) Recommended. Presentation by Danna B. L.

Decarolis, Francesco, Raymond Fisman, Paolo Pinotti, and Silvia Vannutelli (2025). “Rules, Discretion, and Corruption in Procurement: Evidence from Italian Government Contracting.” Journal of Political Economy Microeconomics, 3(2). (PDF EN/ES) Recommended. Presentation by Patricio B. E.