Lesson

Corruption With and Without Theft

Name: Corruption With and Without Theft
Uploaded: 2012-09-12T16:50:09.000Z
Duration: 5 min
Description: Learn microeconomics: How do supply, demand, and equilibrium work? How are prices determined? Understand the economic way of thinking and recognize economics in your own life.

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Tyler CowenGeorge Mason University

Does corruption have lower social cost when it is simply a cash bribe?

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