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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9518 |
DP9518 The Distortive Effects of Antitrust Fines Based on Revenue | |
Yannis Katsoulacos; Giancarlo Spagnolo; Vasiliki Bageri | |
发表日期 | 2013-06-23 |
出版年 | 2013 |
语种 | 英语 |
摘要 | In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some others, caps on fines are introduced based on total firm sales rather than on affected commerce. We uncover a number of distortions that these policies generate, propose simple models to characterise their comparative static properties, and quantify them with simulations based on market data. We conclude by discussing the obvious need to depart from these distortive rules-of-thumb that appear to have the potential to substantially reduce social welfare. |
主题 | Industrial Organization |
关键词 | Antitrust Deterrence Fines Law enforcement |
URL | https://cepr.org/publications/dp9518 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538354 |
推荐引用方式 GB/T 7714 | Yannis Katsoulacos,Giancarlo Spagnolo,Vasiliki Bageri. DP9518 The Distortive Effects of Antitrust Fines Based on Revenue. 2013. |
条目包含的文件 | 条目无相关文件。 |
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