Corruptible Law Enforcers: How Should They Be Compensated?
Dilip Mookherjee () and
Economic Journal, 1995, vol. 105, issue 428, 145-59
The authors study the optimal compensation policy for a corruptible inspector charged with monitoring pollution from a factory. Their utilitarian approach focuses on the trade-off among corruption, pollution, and enforcement effort. Owing to the strategic interaction between factory and inspector, changes in compensation policy have surprising effects, e.g., raising the penalty for corruption may cause pollution to increase. The authors find that bribery is an inefficient way of encouraging the inspector to monitor; society should wipe out corruption. Copyright 1995 by Royal Economic Society.
References: Add references at CitEc
Citations: View citations in EconPapers (308) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819950 ... 0.CO%3B2-1&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ecj:econjl:v:105:y:1995:i:428:p:145-59
Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133
Access Statistics for this article
Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen
More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().