LENIENCY, COLLUSION, CORRUPTION, AND WHISTLEBLOWING
نویسندگان
چکیده
منابع مشابه
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Antitrust authorities have set up leniency programs for cartel members that denounce their collusive agreements. These programs help prosecute participants and can thereby deter collusion. We compare the impact of reduced fines and positive rewards and argue that rewarding individuals, including firm employees, can deter collusion in a more effective way. We discuss possible adverse effects of ...
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We model the investigation of criminal activity as a principal-agent-monitor problem in which the agent can corrupt the monitor and side-contract to destroy evidence. Building on insights from Laffont and Martimort (1997) we study whether the principal can benefit from endogenously creating asymmetric information between the agent and the monitor. We show that the principal can benefit from ran...
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We investigate the effects of an institutional mechanism that incentivizes tax payers to blow the whistle on collusive corruption and tax compliance. We do this through a leniency program. In our experiment we nest collusive corruption within a tax evasion framework. We not only study the effect of the presence of such a mechanism on behavior, but also the dynamic effect caused by the introduct...
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We study the problem of a principal who relies on the reports of a monitor to provide incentives to an agent. We allow for collusion, so that the agent and monitor can side-contract on what report to send. We show that the principal can benefit from creating endogenous asymmetric information between the agent and the monitor, thereby making side-contracting more difficult. Specifically, it may ...
متن کامل1. Corruption and collusion in construction: a view from the industry
Investment in capital projects is essential for economic growth and development. Yet there is widespread dissatisfaction with the outcomes of construction investment. Major challenges in developing countries include inappropriate projects, high prices, poor quality, excessive time and cost overruns, inadequate maintenance and low returns. These problems impact negatively on development and pove...
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ژورنال
عنوان ژورنال: Journal of Competition Law & Economics
سال: 2017
ISSN: 1744-6414,1744-6422
DOI: 10.1093/joclec/nhx025