Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/70139 
Year of Publication: 
2012
Series/Report no.: 
Jena Economic Research Papers No. 2012,033
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs, and information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes failed to explain their choices between corrupt and non-corrupt behavior. Instead, beliefs appeared to be a better predictor of whether or not they would opt for the corrupt alternative. Furthermore, varying the quantity of information available to players (modeled by changing the degree of uncertainty) provided additional insight into the players' propensity to engage in corrupt behavior. The experimental results show that a higher degree of uncertainty in the informational setting reduces corruption.
Subjects: 
Corruption
game theory
experiment
risk attitude
beliefs
JEL: 
D73
K42
C91
C92
Document Type: 
Working Paper

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