Hold Your Nose and Vote : Why Do Some Democracies Tolerate Corruption?

Why Do Some Democracies Tolerate Corruption?

Hold Your Nose and Vote : Why Do Some Democracies Tolerate Corruption?
This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result from a well-informed rational choice of the citizens. By applying a citizen-candidate model of representative democracy, the paper analyzes how corruption distortsthe allocation of resources between public and private expenditure,... READ MORE...

Publication date: April 2009
ISBN 9781451872309
$18.00

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