BRLSI Business & Economics - The Different Faces of Corruption

Date Description
09 October 2018

Dr Ajit Mishra
Corruption, commonly defined as abuse of public office for private gain, takes many forms and occurs in many different spheres of economic and social life. While it is common to focus on big scams and corruption surrounding mega deals, what drives corruption and sustains it in many countries is ‘petty corruption’ facing ordinary citizens. While it is well known that ‘power corrupts’, we show using results from behavioural experiments that corruption also corrupts!