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American Law and Economics Review V4 N2 2002 (314-340)
© 2002 American Law and Economics Association

Article

Self-Interest and Altruism in the Deterrence of Transnational Bribery

Kevin E. Davis

University of Toronto

Send correspondence to: Kevin E. Davis, University of Toronto, 78 Queen's Park, Toronto, Ontario, Canada M5S 2C5; E-mail: k.davis{at}utoronto.ca.

Abstract

This article explains why states in which bribe payers are located ("payor states") criminalize transnational bribery. It suggests that these initiatives can enable selfinterested payor states to improve the terms upon which their nationals obtain the services of foreign public officials. Although the legislation in question is not patently designed to further economic interests, it may be only partially enforced in a manner consistent with the economic interests of payor states. This implies that further attention should be devoted to analyzing how anti-bribery legislation is enforced.


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