enforcers - on sequential, bilateral, illegal transactions, such as corruption, manager-auditor collusion, or drug deals. It is …

We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … bureaucrats, generating a trade-off. When the likelihood of corruption is high and competition is weak, collusion may be a price … worth paying to curb corruption. …

’ systemic bribery to HSBC and other major bank’s money laundering issues, Dieselgate, LIBOR price-rigging, and the recent …

markets, however, bid-rigging schemes are often accompanied by corruption of public officials. In the absence of coordinated … forms of leniency (or rewards) for unveiling corruption, a policy offering immunity from antitrust sanctions may not be … for corruption. This paper assesses the extent of this problem by describing and discussing the antitrust and anti-corruption …

This paper provides an overview of the corruption case and the connected cartels that affected one of the biggest …