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direct test of the optimal deterrence theory of antitrust crimes.Regressions are fitted to a sample of the corporations that … collusion. However, U.S. fines do not conform to the theory's predictions about the probability of detection and conviction of …
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-deterrence theory dictates. We do find rather large differences in temporal patterns between U.S. and EC fines: the former do not …
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of an iid random variable. We set up a laboratory experiment where the participants act as forecasters predicting the … their central tendencies. As is standard in survey measures, the subjects in our experiment must report their best guess of … the experiment are based on a percentile while almost 60% are based on a numerical value. …
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laboratory experiment in which the participants act as forecasters and are asked to predict the next realisation of iid random …
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We present the results of an experiment where a random subset of the participants in the Bundesbank's household panel …
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