Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - C.E.P.R. Discussion Papers - 2012
strategies deter cartel formation. With leniency policies offering immunity to the first reporting party a high fine is the main …This paper presents results from a laboratory experiment on the channels through which different law enforcement … then mainly driven by 'distrust', the fear of partners deviating and reporting. Absent leniency, the probability of …