G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10106
DP10106 Optimal Leniency Programs when Firms Have Cumulative and Asymmetric Evidence
Winand Emons
发表日期2014-08-10
出版年2014
语种英语
摘要An antitrust authority deters collusion using fines and a leniency program. Unlike in most of the earlier literature, our firms have imperfect cumulative evidence of the collusion. That is, cartel conviction is not automatic if one firm reports: reporting makes conviction only more likely, the more so, the more firms report. Furthermore, the evidence is distributed asymmetrically among firms. Asymmetry of the evidence can increase the cost of deterrence if the high-evidence firm chooses to remain silent. Minimum-evidence standards may counteract this effect. Under a marker system only one firm reports; this may increase the cost of deterrence.
主题Industrial Organization
关键词Antitrust Cartels Deterrence Evidence Leniency
URLhttps://cepr.org/publications/dp10106
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/538939
推荐引用方式
GB/T 7714
Winand Emons. DP10106 Optimal Leniency Programs when Firms Have Cumulative and Asymmetric Evidence. 2014.
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