A comparison of bribery and bidding in thin markets

Paul Beck, Michael W. Maher

Research output: Contribution to journalArticle

Abstract

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.

Original languageEnglish (US)
Pages (from-to)1-5
Number of pages5
JournalEconomics Letters
Volume20
Issue number1
DOIs
StatePublished - 1986

Fingerprint

Competitive bidding
Bribery
Bidding
Thin markets
Third World
Supply side
Isomorphism
Purchasing
Government
Procurement

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

Cite this

A comparison of bribery and bidding in thin markets. / Beck, Paul; Maher, Michael W.

In: Economics Letters, Vol. 20, No. 1, 1986, p. 1-5.

Research output: Contribution to journalArticle

Beck, Paul ; Maher, Michael W. / A comparison of bribery and bidding in thin markets. In: Economics Letters. 1986 ; Vol. 20, No. 1. pp. 1-5.
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