Wawrosz, Petr - In: Economies : open access journal 10 (2022) 12, pp. 1-23
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 … environment in which corruption occurs. Redistribution system theory can serve as a useful aid here because it reveals that the …