-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …

-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

We present results from a laboratory experiment identifying the main channels through which different law enforcement …

, destabilizes cartels, reduces the probability that a cartel re-establishes, and reduces theaverage winning bid. In contrast, while … a leniency program has no additional effect on cartelformation or cartel recidivism, it makes cartels more stable and …

An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on …

An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on …