The role of intermediaries in corruption

Bayar, G
The aim of the article is to examine a briber initiated corrupt transaction and the role of intermediaries in such a transaction, using a game theoretical model. Clients applying the intermediaries do so to be able to get rid of high red tape applied by the officers. They prefer using intermediary instead of offering a bribe to the officers directly since they do not know which officers are corrupt (accepts a bribe offer) and how much bribe should be given to the corrupt officers.


Corruption and intermediaries - A game theoretical approach
Bayar, Güzin (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2009-6-1)
The aim of the article is to examine a bribee-initiated corrupt transaction and the role of intermediaries in such a transaction, using a game theoretical model. Corrupt officers, who want to obtain a bribe from the public services they offer, use their power to increase red tape to enforce clients to pay a bribe. However, if the officer demands a bribe directly from the clients, they face the risk of demanding a bribe from a "whistleblower" client, who has high ethical values and complains to the law enfor...
Bargaining in legislatures over private and public goods with endogenous recognition
Genc, Hakan; Küçükşenel, Serkan (Springer Science and Business Media LLC, 2019-12-01)
This paper studies a sequential model of multilateral bargaining under majority rule in which legislators make decisions in both private and public good dimensions via an endogenous recognition process. Legislators can expend resources to become the proposer and to make proposals about the allocation of private and public goods. We show that legislators exert unproductive effort to be the proposer and make proposals in both dimensions depending on legislative preferences. Effort choices in equilibrium depen...
Stochastic optimization applied to self-financing portfolio: does bequest matter?
Gazioglu, Saziye; Bastiyali-Hayfavi, Azize (Informa UK Limited, 2010-01-01)
The article studies stochastic optimization of an intertemporal consumption model to allocate financial assets between risky and risk-free assets. We use a stochastic optimization technique, in which utility is maximized subject to a self-financing portfolio constraint. The papers in literature have estimated the errors of Euler equations using data from financial markets. It has been shown that it is sufficient to test the first order Euler equation implied by the model. However, they all assume a constant...
Testing the quantity theory of money in Greece
Ozmen, E (Informa UK Limited, 2003-12-15)
This paper investigates whether the Greek data actually support the monetarist hypotheses as argued by Karfakis. The results based on both ARDL and Johansen procedures consistently suggest that money and nominal income (prices) are endogenous for the parameters of the long-run evolution of velocity (real money balances). Thus, the basic postulation of monetarism, the exogeneity of money, appears not to be supported by the Greek data.
Interest rate rules and welfare in open economies
Senay, Ozge (Wiley, 2008-07-01)
This paper analyses the welfare performance of a set of five alternative interest rate rules in an open economy stochastic dynamic general equilibrium model with nominal rigidities. A rule with a lagged interest rate term, high feedback on inflation and low feedback on output is found to yield the highest welfare for a small open economy. This result is robust across different degrees of openness, different sources of home and foreign shocks, alternative foreign monetary rules and different specifications f...
Citation Formats
G. Bayar, “The role of intermediaries in corruption,” PUBLIC CHOICE, pp. 277–298, 2005, Accessed: 00, 2020. [Online]. Available: