Microeconomics of corruption based on behavioural economics

Vicente Monteverde

Journal of Financial Crime, 2020, vol. 30, issue 3, 716-727

Abstract: Purpose - The purpose of this paper is to establish a microeconomics model of corruption based on the behavioural sciences. Design/methodology/approach - The methodology is a practical exploration, first in the convergence of the economics of corruption and the behavioural sciences; based on these conclusions, the microeconomic model of corruption is formulated. Findings - The paper concludes in a model of the microeconomics of corruption. Research limitations/implications - There are no limitations in the model. Practical implications - The practical implications are calculating the rent for corruption in the different scenarios. Social implications - The social implications are knowing the income from corruption. Originality/value - To the best of the authors’ knowledge, this paper is original, and there is no microeconomics model of corruption formulated in the academic field, only in this work.

Keywords: Supply of corruption; Behavioural sciences; Demand for corruption; Income from corruption; Microeconomics of corruption; A13; D11; P16 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:jfc-03-2020-0043

DOI: 10.1108/JFC-03-2020-0043

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