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...

A frequently encountered problem in decision making is the following review problem : review a large number of objects and select a small number of the best ones. An example is selecting conference papers from a large number of submissions. This problem involves two sub-problems: assigning reviewers to each object, and summarizing reviewers’ scores into an overall score that supposedly reflects...

Leniency clauses, offering cartelists legal immunity if they blow the whistle on each other, is a recent anti-trust innovation. The authorities wish to thwart cartels and promote competition. This effect is not evident, however; whistle-blowing may enforce trust and collusion by providing a tool for cartelists to punish each other. We examine the impact of leniency law, and other rules, theoret...

Abstract China's criminal proceedings have been recognized as being “investigation centred.” I argue that the rise of Plea Leniency System has led to “prosecution centredness.” Analysis operation and consequences plea leniency shows how procuratorate overshadowed police further marginalized courts. In leniency, defendant little chance acquitted legal profession provides defence. While this para...

A large number of countries have introduced successful leniency programs into their competition law enforcement to encourage colluding firms to come forward with evidence that will help detect cartels and punish price-fixers. This paper studies a feature of some of these programs that has received relatively little attention in the literature: the inclusion of “No Immunity for Instigators Claus...

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...

BACKGROUND Supervisors are often involved in the assessment of projects they have supervised themselves. Previous research suggests that detailed marking sheets may alleviate leniency and halo effects. We set out to determine if, despite using such a marking schedule, leniency and halo effects were evident in the supervisors' marking of undergraduate short research projects (special study modul...

To explore the e¢ cacy of programs designed to …ght cartels, a Markov process is constructed which models the stochastic formation and demise of cartels. Cartels are born when given the opportunity and market conditions are right, while cartels die because of internal collapse or they are caught and convicted by the antitrust authority. The likelihood that a cartel, once identi…ed, is convicted...

This study extends multisource feedback research by assessing the effects of rater source and raters' cultural value orientations on rating bias (leniency and halo). Using a motivational perspective of performance appraisal, the authors posit that subordinate raters followed by peers will exhibit more rating bias than superiors. More important, given that multisource feedback systems were premi...