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The Economics Of Corruption And Illegal Markets

Edited by Gianluca Fiorentini, Associate Professor of Economics and Stefano Zamagni, Professor of Economics, University of Bologna and Johns Hopkins University, Bologna Center, Italy
1999 1,832 pp Hardback 978 1 85898 930 3 £460.00 on-line discount £414.00 Three volume set

This authoritative three volume set brings together the most important published papers on the economic analysis of corruption and illegal markets. It ranges from theoretical issues explaining the nature of corruption to analogies between governments regulating legal markets and organised crime ruling over illegal markets. Particular attention is paid to the effects of standard public policies, such as standard controls or quality standards, on the development of shadow and illegal markets, and consequently on the incentives to invest in bribery and extortion. The book highlights the consequences of corruption both for the efficiency of a market system and on the long run growth of the economy with special reference to developing countries.

100 articles, dating from 1960 to 1997 Contents: Volume I: Introduction Part I: Corruption and Allocation of Resources Part II: Corruption and Game Theory Part III: Corruption, Bureaucracy and Public Intervention Part IV: The Social Costs of Corruption Part V: Corruption, Development and Growth Index • Volume II: Part I: Productive and Destructive Economic Activities Part II: The Economic Theory of Illegal Activities Part III: Law Enforcement and Deterrence Policies Part IV: Deterrence Policies Against Corruption Index • Volume III: Part I: The Underground Economy Part II: Victimless Activities and Illegal Markets Part III: The Economics of the Organized Crime Part IV: The Market for Drugs and Public Policy Index Contributors include: W.J. Baumol, G.S. Becker, J.N. Bhagwati, R.B. Freeman, A.M. Polinsky, S. Rose-Ackerman, T.C. Schelling, S. Shavell, G.J. Stigler, J. Tirole
View the author's website at
http://www.dse.unibo.it/



This book is volume 111 in the The International Library of Critical Writings in Economics series. To view the rest of the series, please use the link.
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