In this paper, we model the evolution of a system of corruption. We assume a fixed population of players that play a series of supergames. We show the conditions under which an equilibrium of corruption exists and is stable.
In this paper, we model the evolution of a system of corruption. We assume a fixed population of players that play a series of supergames. We show the conditions under which an equilibrium of corruption exists and is stable.
In this paper, we model the evolution of a system of corruption. We assume a fixed population of players that play a series of supergames. We show the conditions under which an equilibrium of corruption exists and is stable.