Rationality and Corruption in the Post-Socialist World

15 Pages Posted: 5 Aug 1999

See all articles by Paul B. Stephan

Paul B. Stephan

University of Virginia School of Law

Date Written: June 1999

Abstract

This paper uses the new literature on norms and rationality to explore why societies develop widespread corruption as a means of organizing economic activity. Paying particular attention to the post-socialist world, it explores the evolution of these norms as part of a more general development of flexible responses to rigid assignments of property rights. The emergence of a strong norm against attending to formal legal rules makes the unwinding of such "corrupt" practices and expectations especially problematic.

Suggested Citation

Stephan, Paul B., Rationality and Corruption in the Post-Socialist World (June 1999). Univerity of Virginia Law School, Legal Studies Working Paper No. 99-11. Available at SSRN: https://ssrn.com/abstract=169212 or http://dx.doi.org/10.2139/ssrn.169212

Paul B. Stephan (Contact Author)

University of Virginia School of Law ( email )

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