A market for connections
Topi Miettinen and
Panu Poutvaara
Munich Reprints in Economics from University of Munich, Department of Economics
Abstract:
Government or company decisions on whom to hire or whom to give a contract are mostly delegated to politicians, public sector officials or human resource and procurement managers. Due to anti-corruption laws, agents cannot sell contracts that they are delegated to decide upon. Even if bribing is ruled out, those interested in the spoils may invest in a good relationship with the deciding agents in order to be remembered when the decision is made. In this paper, we analyze such markets for connections in the presence of convex costs of networking.
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (11)
Published in European Journal of Political Economy 33(2014): pp. 37-52
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Journal Article: A market for connections (2014) 
Working Paper: A Market for Connections (2012) 
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:lmu:muenar:19202
Access Statistics for this paper
More papers in Munich Reprints in Economics from University of Munich, Department of Economics Ludwigstr. 28, 80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Tamilla Benkelberg ().