While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate …, the communication and internal structures within the cartels as well as their breakup. Our results indicate that cartel … individuals involved in these 15 cartels were female, suggesting that gender also plays a role for cartel formation. We further …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

This paper studies how punishment for past offenses affects future compliance behavior and isolates deterrence effects … million cars over several years, we evaluate responses to punishment at the extensive (receiving a speeding ticket) and … punishment in a ‘coarse’ manner. Additional results indicate that learning from law enforcement affects drivers’ behavior more …

Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … quantity effects of antidumping in cartel products. We find that the use of antidumping in cartel industries helps to maintain …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …

incentive to deviate from a cartel. We also present conditions for the emergence of a partial cartel, with the capacity … small firm induces a partial conspiracy that is Pareto-dominant. Implications for cartel identification and enforcement are …

Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …

-nudges affect punishment behavior, and how enforcement links to norm perceptions. Using a representative sample of U.S. participants … study that confirm the robustness of our findings in the context of whistleblowing. To explain the punishment patterns of the … norms are vague. Importantly, we find that punishment patterns in the first experiment closely follow these norm perceptions …