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Blowing the Whistle

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  • Jose Apesteguia

    ()

  • Martin Dufwenberg

    ()

  • Reinhard Selten

Abstract

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, theoretically and experimentally.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Article provided by Springer in its journal Economic Theory.

Volume (Year): 31 (2007)
Issue (Month): 1 (April)
Pages: 143-166

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Handle: RePEc:spr:joecth:v:31:y:2007:i:1:p:143-166

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Related research

Keywords: Anti-trust; Leniency; Immunity; Amnesty; Blow the whistle; Cartels; Price competition; Bertrand model; Experiment communication; C92; D43; L13;

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