Determinants of the propensity for corrupt behavior: An experimental analysis with punishment mechanism
DOI:
https://doi.org/10.18046/j.estger.2021.161.4335Keywords:
bribery, corruption, experimental economics, non-cooperative games, panel dataAbstract
This research sought to identify some of the factors explaining the propensity of individuals to engage in corrupt behavior, based on the decision-making that involves economic benefits. To this, an economic experiment was applied to a sample of the population of a university in the city of Cali, Colombia. The experimental design responds to the elements of a sealed-bid action scene involving a bribe. From descriptive analyses and a population-average logistic model for nonlinear panel data, it was evident that educational and socioeconomic levels are strongly associated with corrupt behavior. Likewise, it was found that the threat of penalization drastically reduces corruption to an insignificant social cost.
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