Detailed Information on Publication Record
2013
What is the Contribution of the Theory of Redistribution Systems to the Theory of Corruption?
OTÁHAL, T., M. PALÁT and Petr WAWROSZBasic information
Original name
What is the Contribution of the Theory of Redistribution Systems to the Theory of Corruption?
Authors
OTÁHAL, T. (203 Czech Republic), M. PALÁT (203 Czech Republic) and Petr WAWROSZ (203 Czech Republic, belonging to the institution)
Edition
Národohospodářský obzor, Brno, Ekonomicko-správní fakulta MU v Brně, 2013, 1213-2446
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50200 5.2 Economics and Business
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
RIV identification code
RIV/04274644:_____/13:#0000021
Organization unit
University of Finance and Administration
Keywords in English
redistribution system; parallel redistribution game; game theory; corruption
Tags
Změněno: 24/3/2017 09:59, Ing. Dominika Moravcová
Abstract
V originále
Scholars making economic policy recommendations to resolve corruption problem use several approaches, the most dominant of which are the principal-agent and rent-seeking theories. In this paper, we argue that the principal-agent theory has problems to account for the environment in which the agents offering and accepting corruption operate, and explain the importance of agents for survival of their environment. The rent-seeking theory, on the other hand, finds it difficult to establish socially effective legislation and ways to determine the barriers to entry that motivate agents to behave corruptly. Both problems, however, are vital for solving the problem of corruption. Lacking the knowledge of the agent’s environment (system) and their significance for survival of the system, the theory cannot define incentives that would discourage the agent from acting in a corrupted way. If the rent-seeking theory does not determine the barriers to entry that motivate agents to behave corruptly, it cannot determine the proper legislation that would deter corrupt behaviour and lead to economic development. For these reasons we investigate if both problems can be explained and solved within the alternative theory of redistribution systems and its part – the theory of parallel redistribution games.