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Bribery, Regulators, and Firms: Corruption in the S & L Industry, 1982-1989

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dc.contributor.author Gardner, Roy
dc.contributor.author Güth, Werner
dc.date.accessioned 2010-01-04T14:55:29Z
dc.date.available 2010-01-04T14:55:29Z
dc.date.issued 1992 en_US
dc.identifier.uri https://hdl.handle.net/10535/5312
dc.description.abstract "A bribe is anything, usually money, offered to someone to do something illegal. This paper builds a simple 2-player, 2-sided incomplete information game with bribery as one of its strategic possibilities. The paper then solves the game using all dominant strategies available at equilibrium. There is a nondegenerate subset of the parameter space where all firms in financial difficulty offer bribes to their regulators, and all dishonest regulators accept these bribes. The model is applied to developments in the Savings & Loan industry of the United States, 1982-89." en_US
dc.language English en_US
dc.subject Workshop en_US
dc.subject game theory en_US
dc.subject firm--theory en_US
dc.subject regulation en_US
dc.subject corruption en_US
dc.title Bribery, Regulators, and Firms: Corruption in the S & L Industry, 1982-1989 en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Theory en_US
dc.coverage.region North America en_US
dc.coverage.country United States en_US
dc.subject.sector Social Organization en_US
dc.subject.sector Theory en_US
dc.identifier.citationconference Conference on Game Theory in the Behavioral Sciences en_US
dc.identifier.citationconfdates September 10, 1992 en_US
dc.identifier.citationconfloc Frankfurt, Germany en_US


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