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show that the introduction of the opportunity to blow the whistle decreases the collusion and bribe acceptance rate, and …
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within a cartel, has received surprisingly low attention. Using a comprehensive dataset of 191 cartels from 2012 - 2018, this … paper empirically reveals that polycentric structures within the cartel governance may contribute to longer duration and … environment. The insights may be helpful for cartel authorities and new research combining institutional and industrial economics. …
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Oliver E. Williamson is the 2009 co-recipient (with Elinor Ostrom) of the Nobel Memorial Prize in Economics, awarded ‘for his analysis of economic governance, especially the boundaries of the firm’.
Persistent link: https://www.econbiz.de/10009395632
institutionenökonomisch-evolutionäre Wettbewerbsleitbild in seinen Grundzügen skizziert und für eine regelgeleitete Wettbewerbspolitik, die …
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most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains … the initial balance of concessions and prevents opportunism. However, economic scholarship has been less coherent in … institutions are needed, since under standard assumptions, neither defection from the rules nor disputes are expected to occur …
Persistent link: https://www.econbiz.de/10010326684