This paper compares bribery to competitive bidding in a government purchasing context. While competitive bidding is one method of procurement, bribery is a common alternative in many Third World countries. Although bribery is often considered to be the ethical antithesis of competitive bidding, the analysis shows there is a fundamental isomorphism between bribery and competitive bidding on the supply side of the transaction.
ASJC Scopus subject areas
- Economics and Econometrics