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An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on …
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We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply...
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price discussions is the only way for subjects to avoid the one-shot competitive equilibrium. Subjects in the experiment of …
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