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Product Design Lead: corruption's cultural impact.
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Module 1
Foundations: Economic Theories of Corruption & the Creative Economy
1
Corruption: Definition and Types
Define corruption using the 'abuse of entrusted power for private gain' framework and distinguish between grand, petty, and political corruption.
Define corruption using the 'abuse of entrusted power for private gain' framework and distinguish between grand, petty, and political corruption.
2
Principal-Agent Problem: Foundation of Corruption
Explain the Principal-Agent Problem as a foundational model for understanding corruption.
Explain the Principal-Agent Problem as a foundational model for understanding corruption.
3
Principal-Agent Problem in Arts Funding
Apply the Principal-Agent Problem to a scenario involving a government arts funding body and a grant recipient.
Apply the Principal-Agent Problem to a scenario involving a government arts funding body and a grant recipient.
4
Rent-Seeking in Cultural Industries
Define 'rent-seeking' and identify how it manifests in cultural industries (e.g., lobbying for broadcast licenses).
Define 'rent-seeking' and identify how it manifests in cultural industries (e.g., lobbying for broadcast licenses).
5
CCIs: Markets, Subsidies, and IP
Characterize the Cultural and Creative Industries (CCIs) based on their dual market structure (commercial vs. subsidized) and the economic importance of Intellectual Property (IP).
Characterize the Cultural and Creative Industries (CCIs) based on their dual market structure (commercial vs. subsidized) and the economic importance of Intellectual Property (IP).
6
Arts Funding Models: Corruption Vulnerabilities
Describe two common public funding models for the arts (e.g., arm's-length councils, direct ministry funding) and identify a key corruption vulnerability for each using the Principal-Agent or rent-seeking concepts.
Describe two common public funding models for the arts (e.g., arm's-length councils, direct ministry funding) and identify a key corruption vulnerability for each using the Principal-Agent or rent-seeking concepts.
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