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“sporting theory of justice” as one of the sources of societal irritation with the United States courts. Pound warned that …, decade after decade. The status quo of civil justice is also promoted by the structure and implementation of the ABA … Pound's 1906 address, primarily discusses civil justice. More narrowly, the Article focuses on civil litigation in the …
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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...
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communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is …
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This paper analyzes the inner workings of cartels. To understand how sanctioning institutions prevent cartel formation we study their effect on firms' communication in a laboratory experiment. Using machine learning to organize the chat communication into topics, we find that firms are less...
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