We develop a model of figurative or indirect speech, which may convey a meaning that differs from its literal meaning. The model yields analytical conditions for speech to be figurative in equilibrium and delivers a number of comparative statics results. For instance, it predicts that the likelihood of figurative speech is greater if the benefit to the listener of correctly understanding the sp...

We investigate the computational complexity of finding optimal bribery schemes in voting domains where the candidate set is the Cartesian product of a set of variables and agents’ preferences are represented as CP-nets. We show that, in most cases, the bribery problem is easy. This also holds for some cases of k-approval, where bribery is difficult in traditional domains.

In this study, we investigate the relationship between ownership structure, corruption, and capital investments in firms operating a selected sample of Sub-Saharan Africa (SSA) countries. Using an unbalanced panel over different time periods that ranged from 2003 to 2016, estimating with fixed effects technique, find foreign bribery payments have positive negative effects, respectively, on inve...

Abstract In this paper, the effect of corruption on foreign direct investment (FDI) flows is analyzed. The literature thus far divided regarding effects corruption: One hypothesis argues that greases wheels government and therefore beneficial while other it sands leading to suboptimal results in an economy. For empirical analysis, a dataset consisting bilateral FDI data from OECD control measur...

The health sector often appears prominent in surveys of perceived corruption, because citizens experience the symptoms of systemic corruption most distressingly during their interaction with frontline health workers. However, the underlying drivers of systemic corruption in society may be located in other social systems with the health system demonstrating the symptoms ...

In bribery an external agent tries to alter the outcome of an election by changing some voters’ votes. Usually, when investigating bribery problems, full information is assumed, i.e., that the manipulative agent knows the set of candidates, each voter’s votes and the voting rule used. In this paper, we formally introduce different structures of partial information, we show the connections betwe...

Using survey data collected from senior corporate executives around the world I analyze how detection of bribery impacts firm competitiveness. The data suggest that the most significant impact is on employee morale, followed by business relations and reputation, and then regulatory relations. I find that who initiated the bribery act, how it was detected, and how the firm responded after detect...

Corrupt activities in the Russian Federation have reached point where national security is under threat. Corruption creates obstacles to economic growth of state, slows down various transformations not only economic, but also social sphere society, worsens standard living Federation, undermines public confidence authorities, and reduces authority eyes other countries. Theoretically, broad corru...