Showing 1 - 10 of 13
This paper analyzes enhanced cooperation agreements in corporate taxation in a three country tax competition model … an enhanced cooperation agreement. Conditions for strategic complementarity or strategic substitutability of tax rates … are crucial for the welfare effects of enhanced cooperation. Simulations show that enhanced cooperation is unlikely to be …
Persistent link: https://www.econbiz.de/10008513231
For a general class of oligopoly models with price competition, we analyze the impact of ex-ante leniency programs in antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics including its cartel culture. Our analysis disentangles...
Persistent link: https://www.econbiz.de/10005137188
Even under antitrust enforcement, firms may still form a cartel in an infinitely-repeated oligopoly model when the discount factor is sufficiently close to one. We present a linear oligopoly model where the profit-maximizing cartel price converges to the competitive equilibrium price as the...
Persistent link: https://www.econbiz.de/10008838625
We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of collusion. We introduce cartel culture that describes how...
Persistent link: https://www.econbiz.de/10008531430
played between the two actors, but much more whether there is cooperation (leading to first-best) or competition between …
Persistent link: https://www.econbiz.de/10005136964
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of re …
Persistent link: https://www.econbiz.de/10005136860
in the final periods. We interpret subjects' behavior in terms of conditional cooperation which is characterized by both …
Persistent link: https://www.econbiz.de/10005136974
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10005137040
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10005137115
can increase the cooperation level of individuals in the group. …
Persistent link: https://www.econbiz.de/10005137197