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Estudios Gerenciales
Print version ISSN 0123-5923
Abstract
ARROYO-MINA, José Santiago; CASTANO-MUNOZ, Milton Fabián; ALVAREZ-CORREA, Juan Fernando and JURADO-BARCO, Hollman. Determinants of the propensity for corrupt behavior: An experimental analysis with punishment mechanism. estud.gerenc. [online]. 2021, vol.37, n.161, pp.579-589. Epub Sep 07, 2021. ISSN 0123-5923. https://doi.org/10.18046/j.estger.2021.161.4335.
This research sought to identify some of the factors explaining the propensity of individuals to engage in corrupt behavior, based on the decision-making that involves economic benefits. To this, an economic experiment was applied to a sample of the population of a university in the city of Cali, Colombia. The experimental design responds to the elements of a sealed-bid action scene involving a bribe. From descriptive analyses and a population-average logistic model for nonlinear panel data, it was evident that educational and socioeconomic levels are strongly associated with corrupt behavior. Likewise, it was found that the threat of penalization drastically reduces corruption to an insignificant social cost.
Keywords : bribery; corruption; experimental economics; non-cooperative games; panel data.