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Using public approval for the President of the European Commission as an example, we investigate whether there are economic effects on public support for political authority: (1) when democratic accountability is absent; and (2) when public information about authorities is low. We find that...
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This chapter applies social exchange theory to corruption. If two parties exhibit corrupt behaviors, secrecy becomes a new joint good, making the two parties more dependent on each other (an increase in total power). Since no external enforcement mechanisms are available in illicit exchanges,...
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