THE INSTITUTIONAL NATURE OF CORRUPTION
Table of contents
Share
Metrics
THE INSTITUTIONAL NATURE OF CORRUPTION
Annotation
PII
S0207-36760000616-6-1
Publication type
Article
Status
Published
Edition
Pages
87-104
Abstract
The article is addressed to develop the transaction cost economics of corruption including the analysis of the rational choice of the corruption contracting forms related to the critical dimensions of corruption transactions: asset specificity, uncertainty and frequency. Therefore the basic composition and features of the transaction costs of applying corruption as a governance structure are analyzed. One of the major results is the substantiation of the significance of "the fundamental deformation" phenomenon, a result of the investments into the corruption capital, for designing and implementing of anti-corruption policy.
Keywords
corruption, governance structure, transaction costs, fundamental deformation, differentiated approach to anti-corruption policy
Date of publication
28.02.2010
Number of purchasers
0
Views
332
Readers community rating
0.0 (0 votes)
Cite Download pdf
1

Comments

No posts found

Write a review
Translate