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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Bibliographic Details
Main Author: Petr Wawrosz
Format: Article
Language:English
Published: MDPI AG 2022-12-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/10/12/326