Leniency, learning, and evaluations.
نویسندگان
چکیده
منابع مشابه
Optimal Corporate Leniency Programs∗
This study characterizes the corporate leniency policy that minimizes the frequency with which collusion occurs. Though it can be optimal to provide only partial leniency, plausible sufficient conditions are provided whereby the antitrust authority should waive all penalties for the first firm to come forward. It is also shown that restrictions should be placed on when amnesty is awarded, thoug...
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We study the enforcement of competition policy against collusion under Leniency Programs, which give reduced ̄nes to ̄rms revealing information to the Antitrust Authority. Such programs give ̄rms an incentive to break collusion, but may also have a pro-collusive e®ect, since they decrease the expected cost of misbehaviour. We analyze the optimal policy under alternative rules and with homogeneo...
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Leniency programs as a tool for cartel detection and cartel destabilization, have been implemented since the early nineties. Theoretical work has shown that leniency programs can be effective in enhancing cartel detection and deterrence, but these effects are not straightforward. It is even possible that there is an increase in the total number of cartels. Empirical evidence shows that the posi...
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The Impact of Leniency Programs on Cartels
Antitrust authorities have set up leniency programs for firms that denounce collusive agreements in which they have participated. These programs, by inducing reports on collusive agreements, allow to fine participants and can thereby eventually deter collusion. We analyze the impact of reduced fines and positive rewards on the behavior of firms. We propose the use of whistle-blowing mechanisms,...
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ژورنال
عنوان ژورنال: Journal of Educational Psychology
سال: 1978
ISSN: 0022-0663
DOI: 10.1037//0022-0663.70.5.855