We construct a one-shot corruption game with three players, a briber who can decide to bribe or not, an official who … different degrees. Penalties apply if corruption is detected. The probability of detection is endogenised, as it depends on … inspection. The model differs from other inspection games in that the offence (corruption) can only be completed in a joint …

It is common knowledge that corruption is harmful to the economic development, mainly because it reduces the level of … foreign investments. The aim of this paper is to find the determinant factors for the corruption phenomenon in Romania and to … assess the effects that it has on economic growth. An econometric model was built to explain the influence of corruption on …

instability and corruption are seen to have significantly affected the investment ratio. A historical analysis traces the origins …

This article analyzes different cultures of corruption with regard to their evolutionary stability, i.e. their ability …, which is subsequently explored by formal analyses and computer simulation. It turns out that zero-corruption is always … evolutionarily stable, whereas pervasive corruption displays only conditional evolutionary stability and thus is empirically rare …

of corruption or wilful misuse of power against a public servant. The Bill also provides safeguards against victimisation …