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The economic theory of the last decades deals with how certain models of institutions and incentives could improve the coordination of individual actions in society. Setting rules regulating relationships between economic agents is considered as the key requirement of such coordination....
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English Abstract: The aim of the thesis is to explain the problem of corruption from the perspective of two different … analysis supported with evidence from the historical examples. Corruption is introduced through the example of bribery. In the … theory and rent-seeking understand the problem of corruption and the problems of suggested public policies deduced from both …
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line between lobbying and corruption. The text also deals with the assessment and measurement capabilities of different …
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Joint-stock companies are among the most fundamental components of a market economy. “Voucher privatization” in the Czech Republic saw an abrupt mushrooming of joint-stock companies where none had appeared for over a generation. This occurred in an environment lacking in guiding...
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