Nabin, Munirul; Bose, Gautam - In: Contributions to Economic Analysis & Policy 8 (2008) 1, pp. 1926-1926
This paper analyzes corruption as a collusive act which requires the participation of two willing partners. An agent intending to engage in a corrupt act must search for a like-minded partner. When many people in the economy are corrupt, such a search is more likely to be fruitful. Thus when an...