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) Required.

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

Rose-Ackerman, Susan (1978). Corruption: A Study in Political Economy. Academic Press. Read Chapters 1–2. (PDF) Recommended. Presentation by Danna B. L. — Thu, Aug 20.

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) Recommended. Presentation by Patricio B. E. — Thu, Aug 20.