This study develops a theoretical model of institutional economics and corruption in order to determine the optimum institutional level that would allow the government to achieve economic equilibrium in the country, under an oligopolistic scheme of Foreign Direct Investment (FDI)...
Open access
Research Article10.9734/BJEMT/2016/28689
This study develops a model of institutional economics that involves consumers, producers and government, as well as the dishonest agents that work in the public sector. This model is useful for determining the optimum institutional level that must be set by the government in ord...
Open access
Research Article10.9734/AJAEES/2016/27307