Basu proposes a novel strategy to reduce corruption, specifically targeting "harassment bribes" (bribes paid for services one is legally entitled to, such as tax refunds or subsidized land paperwork):
The phrase most commonly refers to "Why, for a Class of Bribes, the Act of Giving a Bribe should be Legal" , a widely discussed economic paper by Kaushik Basu . Key Arguments of Basu's Paper The Bribe
: Basu argues that the act of giving a harassment bribe should be declared legitimate and granted full immunity. Basu proposes a novel strategy to reduce corruption,
: This mechanism is known as asymmetric liability . While it has the potential to reduce corruption, some research suggests it may face challenges if economic incentives for the giver are weak or if they fear retaliation. Other Potential References Depending on the context, you might also be looking for: While it has the potential to reduce corruption,