Corruption in procurement and public purchase

摘要: Abstract The paper studies capture and extortion in public purchase. It shows that yields a dead-weight loss while does not. Based on the calibration of model, total cost is between 1.2 2.88 times amount bribes. theoretical analysis focuses fight. legal framework emerges from normative involves open tender for larger purchases no monitoring smaller ones. rule independent country's characteristics. Large should hence be ruled by international legislation. For markets medium range, national legislation differs. When susceptibility to corruption rises, there shift regime.