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of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when …
Persistent link: https://www.econbiz.de/10011347317
The experimental literature on antitrust enforcement provides robust evidence that communication plays an important role for the formation and stability of cartels. We extend these studies through a design that distinguishes between innocuous communication and communication about a cartel,...
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This paper experimentally analyzes the cartel coordination challenge induced by the discrimination of cartel ringleaders in leniency policies. Ringleaders often take a leading role in the coordination and formation of a cartel. A leniency policy which grants amnesty to all "whistleblowers"...
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bear a higher burden of punishment costs than non-police subjects. When the norm enforcement institution is endogenous, all …
Persistent link: https://www.econbiz.de/10010359303
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This paper examines the incentives of a firm to invest in information about the quality of its product and to disclose its findings. If the firm holds back information, it might be detected and fined. We show that optimal monitoring is determined by a trade-off. Stricter enforcement reduces the...
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