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How to Fight Corruption With Game Theory

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To political candidates money is just like drugs to athletes, each makes them more competitive and likely to keep their jobs; but are a fraud on the voters and the sports fans, respectively.

Because candidates want to win, of course they prioritize keeping special interests happy, even at the expense of the public interest.

In 2014 CounterPAC entered several of the most competitive race, calling on candidates to make agreements voluntarily rejecting support from groups who receive money from undisclosed, secret donors.

The incentive? If candidates failed to take action, CounterPAC was ready to hold them accountable.
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At www.thedailybeast.com
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A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)
 
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