An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on cartel formation, cartel stability and cartel recidivism. The program leads to lower prices for three reasons. First, non-cooperators are more persistent in their behavior which...

In this paper, we examine the role of intertemporal and social preferences in explaining cooperation in social dilemmas. Recently, the COVID-19 pandemic caused an acute social dilemma in the Netherlands. In this dilemma, citizens had to decide whether or not to comply with the personal measures...