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, though it can be optimal to award amnesty even when the antitrust authority is very likely to win the case without insider testimony.
|Date of creation:||Jul 2005|
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Web page: http://www.econ.jhu.edu
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- Massimo Motta & Michele Polo, "undated".
"Leniency Programs and Cartel Prosecution,"
150, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Joseph E. Harrington, Jr. & Joe Chen, 2005.
"Cartel Pricing Dynamics with Cost Variability and Endogenous Buyer Detection,"
CIRJE-F-359, CIRJE, Faculty of Economics, University of Tokyo.
- Harrington, Joseph Jr. & Chen, Joe, 2006. "Cartel pricing dynamics with cost variability and endogenous buyer detection," International Journal of Industrial Organization, Elsevier, vol. 24(6), pages 1185-1212, November.
- Joseph E Harrington Jr & Joe Chen, 2002. "Cartel Pricing Dynamics with Cost Variability and Endogenous Buyer Detection," Economics Working Paper Archive 514, The Johns Hopkins University,Department of Economics, revised Sep 2004.
- Joseph E Harrington Jr, 2002.
"Cartel Pricing Dynamics in the Presence of an Antitrust Authority,"
Economics Working Paper Archive
487, The Johns Hopkins University,Department of Economics, revised May 2003.
- Joseph E. Harrington, Jr., 2004. "Cartel Pricing Dynamics in the Presence of an Antitrust Authority," RAND Journal of Economics, The RAND Corporation, vol. 35(4), pages 651-673, Winter.
- Joseph E. Harrington, Jr., 2003. "Cartel Pricing Dynamics in the Presence of an Antitrust Authority," Computing in Economics and Finance 2003 26, Society for Computational Economics.
- Joseph E Harrington, 2001.
"Optimal Cartel Pricing in the Presence of an Antitrust Authority,"
Economics Working Paper Archive
460, The Johns Hopkins University,Department of Economics, revised Jul 2002.
- Joseph E. Harrington, 2005. "Optimal Cartel Pricing In The Presence Of An Antitrust Authority," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(1), pages 145-169, 02.
- Joe Chen & Joseph E. Harrington, Jr., 2005.
"The Impact of the Corporate Leniency Program on Cartel Formation and the Cartel Price Path,"
CIRJE-F-358, CIRJE, Faculty of Economics, University of Tokyo.
- Joseph E. Harrington, Jr & Joe Chen, 2005. "he Impact of the Corporate Leniency Program on Cartel Formation and the Cartel Price Path," Economics Working Paper Archive 528, The Johns Hopkins University,Department of Economics.
- Giancarlo Spagnolo, 2004. "Divide et Impera. Optimnal Deterrence Mechanisms Against Cartels and Organized Crime," Econometric Society 2004 North American Winter Meetings 485, Econometric Society.
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