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collusion. I study the optimal design of contracts focusing on how to sequence communication of expertise. I show that from a …
Persistent link: https://www.econbiz.de/10010994698
. I study the optimal design of contracts, focusing on the organization of expertise in the communication phase. I show … assume that communication allows synergies to emerge among the experts but also opens the possibility of collusion among them … that, from the principal's point of view, when the advantage of synergies prevails over the collusion problem …
Persistent link: https://www.econbiz.de/10008463038
We present results from a laboratory experiment identifying the main channels through which different law enforcement strategies deter organized economic crime. The absolute level of a fine has a strong deterrence effect, even when the exogenous probability of apprehension is zero. This effect...
Persistent link: https://www.econbiz.de/10010320242
ability of firms to engage in collusion. We show that in a situation in which firms cartelize and charge monopoly prices …, limited attention makes deviation from such collusive behavior less rewarding and hence facilitates collusion. In particular …
Persistent link: https://www.econbiz.de/10013078137
tacit collusion under conditions of demand uncertainty. Sellers in these repeated laboratory markets generally shared … share or conceal information, so the information sharing itself did not substantially increase tacit collusion …
Persistent link: https://www.econbiz.de/10014213956
tacit collusion under conditions of demand uncertainty. Sellers in these repeated laboratory markets generally shared … share or conceal information, so the information sharing itself did not substantially increase tacit collusion …
Persistent link: https://www.econbiz.de/10014213961
communication structure. The value of an information system within an organization, therefore, will not be monotone in its …
Persistent link: https://www.econbiz.de/10005130154
higher profits and lower costs. Some of the benefits business organization seek to achieve through information systems …
Persistent link: https://www.econbiz.de/10008800385
Knowledge is central to managing an organization, but its presence in employees is difficult to measure directly. We …
Persistent link: https://www.econbiz.de/10011043059