How Corruption Is and Should Be Investigated by Economic Theory
The article analyzes how economic theory usually investigates corruption. It describes the main traditional economic theories dealing with this issue—principal-agent theory (agency theory) and rent-seeking theory—and it emphasizes that both face some problems, especially their neglect of some import...
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Format: | Article |
Language: | English |
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MDPI AG
2022-12-01
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Series: | Economies |
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Online Access: | https://www.mdpi.com/2227-7099/10/12/326 |