Corruption is a serious economic, social, political and moral blight, especially in many emerging countries. It is a … proliferation of international efforts to tackle the problem of corruption. One such international cooperative initiative is the … United Nations Convention against Corruption, signed in 2003, which came into force in December 2005. This is the first truly …

bureaucrat's total revenue from corruption, but it may also increase the risk of expropriation and the extortion bribes paid by … extortion relying on the threat of expropriation and bureaucratic harassment. The bureaucrat's power is characterized by looking … at a general extortion mechanism adapted from Myerson's (1981) optimal auction theory. This characterization is used to …

extortion based on the threat of expropriation and bureaucratic harassment. The bureaucrat's bargaining power is characterized … by a general extortion mechanism adapted from the optimal auction theory in Myerson (1981). This characterization is used …. This insurance reduces the bureaucrat's total revenue from corruption, but may also increase the risk of expropriation and …

permanent extortion development. Entry restrictions, if binding, lead to excess profits, which create an incentive to extort …. The emergence of extortionists reduces the expected profit from production, making producers expect extortion in the …. The low number of firms on the market allows each producer to earn relatively high pre-extortion profits, which reinforces …

permanent extortion development. Entry restrictions, if binding, lead to excess profits, which create an incentive to extort …. The emergence of extortionists reduces the expected profit from production, making producers expect extortion in the …. The low number of firms on the market allows each producer to earn relatively high pre- extortion profits, which …

there can be suboptimal collection of taxes in a corrupt regime because of harassment, bribery and the possibility of … collusion between the inspector and the taxpayer. In a corrupt regime the cost of corruption has a regressive bias. Also, it is …

when designing anti-corruption policy. …