Title of article
Is collusion of corrupt agents welfare increasing?
Author/Authors
Costas Roumanias، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
5
From page
421
To page
425
Abstract
If corrupt agents cannot observe the profitability of firms, the welfare loss is increasing and revenues from corrupt activities are decreasing in the number of agents. Reducing the number of corrupt agents in any way possible is then Pareto improving.
Keywords
concentration , Social loss , Firm exit , rent seeking
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436172
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