Duflo, Esther; Greenstone, Michael; Pande, Rohini; … - National Bureau of Economic Research (NBER) - 2013
In many regulated markets, private, third-party auditors are chosen and paid by the firms that they audit, potentially creating a conflict of interest. This paper reports on a two-year field experiment in the Indian state of Gujarat that sought to curb such a conflict by altering the market...