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Keywords: Intermediaries
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Journal Articles
Journal:
Indian Growth and Development Review
Indian Growth and Development Review (2009) 2 (1): 39–55.
Published: 17 April 2009
... by professional touts who act as intermediaries between the undeserving candidates and the corrupt officials. The purpose of this paper is to analyze the equilibrium in such an intermediated market. Design/methodology/approach A queuing model was theoretically analyzed where candidates wait in line to obtain...
