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Economic Crimes in the Shortage Economy

Author

Listed:
  • Hana Lipovská

    (Faculty of Economics and Administration, Masaryk University)

  • Libor ?ídek

    (Masaryk University)

  • Lucie Coufalová

    (Masaryk University)

Abstract

Rational agents react on the incentives in the market economy as well as in the centrally planned economy. Economic laws are persistent regardless the economic system. Legislative system changes the outcome of the game between economic agents and managers. Base on the original survey among former managers as well as on the legislative sources from the 1970?s and 1980?s the taxonomy of economic reactions on the shortage economy was made. We distinguish plan manipulation in order to ensure payment bonuses; bribery in order to gain the short-supplied inputs and reserves? creation for the purpose of the fulfilling the plan. It was shown, that if the rational agent wanted to obey the higher law, he was forced to ignore lower legislation.

Suggested Citation

  • Hana Lipovská & Libor ?ídek & Lucie Coufalová, 2017. "Economic Crimes in the Shortage Economy," Proceedings of Law and Political Sciences Conferences 6208235, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:ilppro:6208235
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    File URL: https://iises.net/proceedings/law-political-science-conference-vienna/table-of-content/detail?cid=62&iid=004&rid=8235
    File Function: First version, 2017
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    More about this item

    Keywords

    Economic Crimes; Legal Cases; Shortage Economy; Socialist Enterprises; State Development Plan;
    All these keywords.

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P37 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Legal

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