Corruption
From REBAG
Rent seeking behaviours often plague public governance, by subtracting valuable resources from productive ends and by tilting private choices towards the pursue of rents. Rent seeking often takes the form of corruption. The damages of corruption are widely documented, and derive in part from its immediate drain of public resources and, probably more importantly, from the distortionary effects that it has on both public and private choices. Rebag, seen as a system providing reputation-based incentives, raises the costs of rent-seeking and of corruption. Seen as a coherent framework to produce and organize policy-related information, Rebag also provides a framework to compute on a regular basis objective measures of corruption.
