innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant …

innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant …

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

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

employs a laboratory experiment to compare leniency programs that differ with respect to fine size and whether a second … whistle-blower may apply for leniency. The results show that leniency does not affect the probability that a cartel forms, but … is effective in exposing cartels and thereby inhibiting cartel success. Higher fines are more effective, but allowing …

experiment. Based on chat communication content and price setting behavior, this authority judges whether firms formed a cartel …