Title: Corruption under moral hazard
First published: 1999
Description: Some corruption of employees will exist when managers are constrained in setting rewards and penalties.  Attempts to reduce corruption need to address these constraints.  Raising salaries without raising expected penalties will have higher costs than benefits.
Subjects: Econometric models, Political corruption, Civil service, Salaries
LC classification: HG3881.5.W57 P63 no. 2204