Turning the Wheels: The Cost Factor

Mukul Majumdar and Priya Mukherjee

Studies in Microeconomics, 2013, vol. 1, issue 1, 81-90

Abstract: Corruption scandals are increasingly becoming rampant, especially in developing countries. The recent corruption scandals in India, in particular, have led to calls for legislation to establish an independent Public Ombudsman, who will be able to initiate investigations into allegations of corruption. In this paper we consider a typical problem that such an Ombudsman might face — that of initiating an enquiry into an allegation of corruption involving a large body of public officials. Recognizing that such investigations may be costly, we draw from the literature on statistical sampling to get estimates of the possible costs of an initial investigation, and report numerical results comparing the classical approach with the sequential sampling approach of Wald (1947).

Keywords: Corruption; public ombudsman; central limit theorem; sequential probability ratio; Wald’s sampling (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/2321022213488848 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:miceco:v:1:y:2013:i:1:p:81-90

DOI: 10.1177/2321022213488848

Access Statistics for this article

More articles in Studies in Microeconomics
Bibliographic data for series maintained by SAGE Publications ().