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will be sanctionable. Further, attorney's fees will be less available as a sanction even when a violation occurs. Other … than did the most common form of sanction under the 1983 Rule-an award of attorney's fees. Although both fines and fees …
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; this is equivalent to modeling firms as an implicit cartel playing a punishment game. We show that coordination can … partially or fully eliminate the first kind of inefficiency, depending on the magnitude of the punishment, but cannot always … remove the second. The response of prices to a monetary shock will depend on the magnitude of the punishment, and may be …
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; this is equivalent to modeling firms as an implicit cartel playing a punishment game. We show that coordination can … partially or fully eliminate the first kind of inefficiency, depending on the magnitude of the punishment, but cannot always … remove the second. The response of prices to a monetary shock will depend on the magnitude of the punishment, and may be …
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