Abstract
The traditional approach to modeling corruption in the social sciences has been to see it as a classic prinipal-agent problem. While excellent for analyzing individual actions, the principal-agent approach cannot explain the spread of corruption when society is characterized by a norm of 'non-arm's-length' dealings, or how superior's corruption affects subordinate behavior, i.e. it cannot incorporate social interactions.
Keywords
Principal-agent, threshold model, bandwagon effects, Political Economy
How to Cite
Khan, F., (2008) “Understanding the Spread ”, American Review of Political Economy 6(2). doi: https://doi.org/10.38024/arpe.105
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