Corruption represents one of the major causes of poverty all over the world and European Union is fighting against it. In the last few years, the corruption phenomenon registered a high level in some European countries and became one of the most problematic factors for doing business, due to the evolution of the perceived top five global risks: interstate conflict and regional consequences, ext...

This paper investigates complementarities between corruption and collusion in procurement of large divisible contracts. A first price multiple object auction procedure is administered by an agent who has some legal discretion to allow for a readjustment of (all) submitted offers before the official opening. The agent may be corrupt i.e. willing to ‘sell’ his decision in exchange for a bribe. Ou...

Corruption is costly for developing nations’ economies, but scholars and policy makers do not fully understand who bears the cost of corruption. We conduct a field experiment in Malawi to determine the impacts of political connections, socioeconomic status, and shared ethnicity on the degree of corruption a citizen encounters across two contexts – police roadblocks and electricity service offic...

Security is increasingly becoming a critical focus in information systems projects. With more networks, mobility, and telecommuting, there is an increased need for an assessment of the technical and security risks. These risks if realized can have devastating impacts: interruptions of service, data theft or corruption, embezzlement and fraud, and compromised customer privacy. The software risk ...