This paper experimentally analyzes the cartel coordination challenge induced by the discrimination of cartel … ringleaders in leniency policies. Ringleaders often take a leading role in the coordination and formation of a cartel. A leniency … ringleader and may disrupt cartel formation. We analyze discriminatory and non-discriminatory leniency policies in a multi …

Economists have a long tradition in identifying the evolution of cooperation in large, unstructured societies as a … puzzle. We suggest a new explanation for cooperation which avoids restrictions of most previous attempts. Our explanation … deals with the role of internalized norms for cooperation in large unstructured populations. Even internalized norms, i …