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Fines, Leniency and Rewards in Antitrust: an Experiment
Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - C.E.P.R. Discussion Papers - 2009
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....
Persistent link: https://www.econbiz.de/10004976790
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Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case
Genesove, David; Mullin, Wallace P - C.E.P.R. Discussion Papers - 2001
Detailed notes on weekly meetings of the sugar-refining cartel show how communication helps firms collude, and so highlight the deficiencies in the current formal theory of collusion. The Sugar Institute did not fix prices or output. Prices were increased by homogenizing business practices to...
Persistent link: https://www.econbiz.de/10005504565
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Choosing the Stick or the Carrot? Endogenous Institutional Choice in Social Dilemma Situations
Haigner, Stefan; Kocher, Martin; Sutter, Matthias - C.E.P.R. Discussion Papers - 2006
endogenous choice, groups typically vote for the reward option, even though punishment is actually more effective in sustaining …
Persistent link: https://www.econbiz.de/10005114368
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Punitive Sanctions and the Transition Rate From Welfare to Work
den Berg, Gerard J van; van der Klaauw, Bas; Ours, Jan C van - C.E.P.R. Discussion Papers - 2000
In The Netherlands, the average exit rate out of welfare is dramatically low. Most welfare recipients have to comply with guidelines on job search effort that are imposed by the welfare agency. If they do not, then a sanction in the form of a temporary benefit reduction can be imposed. This...
Persistent link: https://www.econbiz.de/10005661560
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The Big Carrot: High Stake Incentives Revisited
Brañas-Garza, Pablo; García-Muñoz, Teresa; Neuman, … - C.E.P.R. Discussion Papers - 2008
This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven...
Persistent link: https://www.econbiz.de/10005661888
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Taxation and International Migration of Superstars: Evidence from the European Football Market
Kleven, Henrik; Landais, Camille; Saez, Emmanuel - C.E.P.R. Discussion Papers - 2010
Europe. We construct a panel data set of top earnings tax rates, football player careers, and club performances in the first …This paper analyzes the effects of top earnings tax rates on the international migration of top football players in … tax and institutional changes: (a) the 1995 Bosman ruling which liberalized the European football market, (b) top tax rate …
Persistent link: https://www.econbiz.de/10008784700
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Winning by Losing: Incentive Incompatibility in Multiple Qualifiers
Dagaev, Dmitry; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2013
that the existing national rules of awarding places for the UEFA Champions Leagues and the UEFA Europa League, which are …
Persistent link: https://www.econbiz.de/10011083284
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Country-specific goal-scoring in the "dying-seconds" of international football matches
Ours, Jan C van; Van Tuijl, Martin - C.E.P.R. Discussion Papers - 2010
important international football matches. We examine goal-scoring from 1960 onwards in full 'A' international matches of six …
Persistent link: https://www.econbiz.de/10008468670
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Towards a Political Economy of Macroeconomic Thinking
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2011
This paper investigates, in a simplified macro context, the joint determination of the (incorrect) perceived model and the equilibrium. I assume that the model is designed by a self-interested economist who knows the true structural model, but reports a distorted one so as to influence outcomes....
Persistent link: https://www.econbiz.de/10009144736
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Media and Politics
Strömberg, David - C.E.P.R. Discussion Papers - 2015
This article provides a review of recent literature in economics on the effect of mass media on politics. The focus is on the welfare effects of mass media. I also discuss the likely implications of existing behavioral theories of media effects, developed outside of economics.
Persistent link: https://www.econbiz.de/10011168894