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An economic analysis of debarment
2017
International Review of Law and Economics
With a view to reducing the consequences of corruption in public procurement, many governments have introduced debarment of suppliers found guilty of corruption and some other forms of crime. This paper explores the market effects of debarment on public procurement. Debarment is found to make little difference in markets with high competition, while in markets with low competition it may deter corruption as long as firms value public procurement contracts in the future and there is a certain
doi:10.1016/j.irle.2017.04.004
fatcat:vlplzolhvjhepi4ywme53q67l4