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Preventing rather than Punishing: An Early Warning Model of Malfeasance in Public Procurement

dc.contributor.gruplacFacultad de Economía spa
dc.creatorGallego Durán, Jorge Andrés
dc.creatorRivero, Gonzalo
dc.creatorMartínez-Vargas, Juan Ramón
dc.date.accessioned2018-09-26T20:11:03Z
dc.date.available2018-09-26T20:11:03Z
dc.date.created2018-08-20
dc.date.issued2018
dc.description.abstractIs it possible to predict corruption and public inefficiency in public procurement? With the proliferation of e-procurement in the public sector, anti-corruption agencies and watchdog organizations in many countries currently have access to powerful sources of information. These may help anticipate which transactions become faulty and why. In this paper, we discuss the promises and challenges of using machine learning models to predict inefficiency and corruption in public procurement, both from the perspective of researchers and practitioners. We exemplify this procedure using a unique dataset characterizing more than 2 million public contracts in Colombia, and training machine learning models to predict which of them face corruption investigations or implementation inefficiencies. We use different techniques to handle the problem of class imbalance typical of these applications, report the high accuracy of our models, simulate the trade-off between precision and recall in this context, and determine which features contribute the most to the prediction of malfeasance within contracts. Our approach is useful for governments interested in exploiting large administrative datasets to improve the provision of public goods and highlights some of the tradeoffs and challenges that they might face throughout this process.eng
dc.format.extent33spa
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_18525
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/18525
dc.language.isoengspa
dc.relation.citationIssueNo. 222
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/016724.html
dc.rightsAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/2.5/co/
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subject.ddcAdministración públicaspa
dc.subject.jelC53spa
dc.subject.jelC55spa
dc.subject.jelM42spa
dc.subject.jelO12spa
dc.subject.keywordCorruptionspa
dc.subject.keywordInefficiencyspa
dc.subject.keywordMachine Learningspa
dc.subject.keywordPublic Procurementspa
dc.subject.lembContratos públicosspa
dc.subject.lembCorrupción políticaspa
dc.subject.lembAprendizaje automático (Inteligencia artificial)spa
dc.titlePreventing rather than Punishing: An Early Warning Model of Malfeasance in Public Procurementspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaDocumento de trabajospa
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