Corruption - Actual socio-economic phenomenon

The article distinguishes the definition of corruption in the legal documents from the definition in the economics. There are three dramatis personae in the model of corruption: the corruptionist, the corrupt and the one to whose detriment the corrupt provides an advantage for the corruptionist. Both, the corruptionist and the corrupt calculate costs, returns and risks. Categories of the utility must be applied for the expression of the advantage from corruption and the marginal utility of money must be taken into consideration. Theory of the corrupt's rent. The main ways of the restriction of corruption. How to stimulate informers to lodge information about the corruption cases.