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discussed appear relevant to the fight of other forms of multiagent organized crime - like auditor-manager collusion, financial …
Persistent link: https://www.econbiz.de/10005662235
detection highly probable, we show that increasing policing or sanctions effectively deters crime. When bribing costs are low … crime rates. In particular, the relationship between the traditional instruments of deterrence, namely intensification of … policing and increment of sanctions, and crime is non-monotonic. Beyond a threshold, increases in expected punishment induce …
Persistent link: https://www.econbiz.de/10005788890
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
We study the consequences of leniency - reduced legal sanctions for wrongdoers who spontaneously self-report to law enforcers - on sequential, bilateral, illegal transactions such as corruption, manager-auditor collusion, or drug deals. It is known that leniency helps to deter illegal...
Persistent link: https://www.econbiz.de/10005124229
We review current methods for calculating fines against cartels in the US and EU, and simulate their deterrence effects under different assumptions on the legal and economic environment. It is likely that European fines have not had significant deterrence effects before leniency programs were...
Persistent link: https://www.econbiz.de/10005136460
Leniency programmes (or policies) reduce sanctions against cartel members that self-report to the Antitrust Authority. We focus on their ability to directly deter cartels and analogous criminal organizations by undermining internal trust, increasing individual incentives to ‘cheat’ on...
Persistent link: https://www.econbiz.de/10005136696
interventions, the freeze on transfers and the training, improved police effectiveness and public and crime victims’ satisfaction … be reformed through incremental administrative change. The police department of the state of Rajasthan, India … collaborated with researchers at US and Indian universities to design and implement four interventions to improve police …
Persistent link: https://www.econbiz.de/10011084513
Controlled foreign company (CFC) rules are frequently imposed by countries as part of their anti-tax-avoidance legislation. This paper aims at quantifying their impact on foreign investments by utilizing a regression discontinuity design and the universe of German foreign investments notified to...
Persistent link: https://www.econbiz.de/10009144735
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10011084127
The main purpose of this paper is to provide an assessment of the impact of the introduction of an alternative minimum tax (AMT) in Belgium with a focus on the impact on various distortions margins. In the process, we provide an up-to date account of the state of effective corporate taxation in...
Persistent link: https://www.econbiz.de/10011084174