Corruption is an important phenomenon in the world today affecting a wide range of economies across the world. Measuring and explaining the effect of corruption is no easy task, yet this book sets about it with real vigor.

Examining the institutional aspects of corrupt transactions, this book provides a new perspective toward anti-corruption policies. It does so by focusing on the role of institutions such as individual attitudes; social norms; and mafia type organizations.

With an international troop of contributors, this book will impress academics with an interest in institutional economics, sociology and corruption. It will also prove to be a useful addition to policy-makers in the sphere of fighting corruption.