Baksi, Soham; Bose, Pinaki; Pandey, Manish - In: Journal of Economic Behavior & Organization 72 (2009) 1, pp. 214-224
Liberalization increases the number of goods available for consumption within a country. Since bureaucrats value variety, this raises the marginal utility of accepting a bribe. This "benefit effect" is counteracted by an increasing "cost effect" from corruption deterrence activities that arise...