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Confronting CorruptionPast Concerns, Present Challenges, and Future Strategies$
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Fritz Heimann and Mark Pieth

Print publication date: 2018

Print ISBN-13: 9780190458331

Published to Oxford Scholarship Online: December 2017

DOI: 10.1093/oso/9780190458331.001.0001

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Collective Action

Collective Action

Chapter:
(p.235) 20 Collective Action
Source:
Confronting Corruption
Author(s):

Mark Pieth

Publisher:
Oxford University Press
DOI:10.1093/oso/9780190458331.003.0020

This chapter discusses the advantages of collective action. Collective action allows dealing with the wider context of corruption risks by assembling competitors and other stakeholders to come to agreement on ways to reduce corruption and the risks. Collective action has the additional advantage that it enables an entire business sector to manage expectations: in its talks with regulators and the wider public, it can indicate what it considers reasonable. The chapter poses the question: Why collective action? It defines collective action, and discusses its traditional use to illustrate aspects of the so-called “prisoner’s dilemma.” The chapter ends by posing the question: Is collective action really necessary?

Keywords:   collective action, competitors, business sector, corruption risks, prisoner’s dilemma

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