2012
DOI: 10.1628/093245612802920971
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The Persistence of Goodness

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“…In this section, we consider the polar case in which there are two types of people: the honest and the corrupt. The corrupt are like the standard human being in the models of economists (make what you will of the economics profession) and the honest are those who will, given a choice, never choose the corrupt option (see Guha and Guha (2011) for a similar setting). 2 Following this, we will speak of firms as being corrupt or honest, meaning that firms are managed by corrupt entrepreneurs or by honest entrepreneurs.…”
Section: Model With Two Typesmentioning
confidence: 99%
“…In this section, we consider the polar case in which there are two types of people: the honest and the corrupt. The corrupt are like the standard human being in the models of economists (make what you will of the economics profession) and the honest are those who will, given a choice, never choose the corrupt option (see Guha and Guha (2011) for a similar setting). 2 Following this, we will speak of firms as being corrupt or honest, meaning that firms are managed by corrupt entrepreneurs or by honest entrepreneurs.…”
Section: Model With Two Typesmentioning
confidence: 99%