We study the consequences of leniency - reduced legal sanctions for wrongdoers who spontaneously self-report to law … known that leniency helps deterring illegal relationships sustained by repeated interaction. Here we find that - when not … properly designed - leniency may simultaneously provide an effective governance mechanism for occasional sequential illegal …

of the fine that cartel members have to pay when they are detected. For testifying cartel members a leniency program is …

Private damage claims against cartels may have negative effects on leniency: whereas whistleblowers obtain full … apply for leniency afterwards, and then potentially face private damages. We find that the implementation of private damage …

settlement amount, yet at the price of reduced deterrence for those wrongdoers who are actually fined. Under a leniency program … the rebate has no effect on the leniency applicant: she doesn't pay a fine that can be reduced. The overall effect of a …

corruption and tax compliance. We explore this through a formal leniency program. In our experiment, we nest collusive corruption … dynamic effect caused by the introduction and the removal of leniency. We find that in the presence of a leniency mechanism … mechanism does not induce negative effects, suggesting a positive spillover effect of leniency that persists even after the …