Fixed versus variable supply in the public provision of goods
Using discriminatory price auctions with variable supply, we explore a situation in which a corruptible public employee is in charge of producing and allocating a finite number of goods among consumers with uniformly distributed valuations. The negative effects of corruption are lower when the emplo...
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| Veröffentlicht in: | Research in economics |
|---|---|
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2009
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