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来源类型Working Paper
规范类型报告
DOI10.3386/w25094
来源IDWorking Paper 25094
Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting
Claudia M. Landeo; Kathryn E. Spier
发表日期2018-10-01
出版年2018
语种英语
摘要This paper reports the results of an experiment designed to assess the ability of an enforcement agency to detect and deter harmful short-term activities committed by groups of injurers. With ordered-leniency policies, early cooperators receive reduced sanctions. We replicate the strategic environment described by Landeo and Spier (2018). In theory, the optimal ordered-leniency policy depends on the refinement criterion applied in case of multiplicity of equilibria. Our findings are as follows. First, we provide empirical evidence of a "race-to-the-courthouse" effect of ordered leniency: Mild and Strong Leniency induce the injurers to self-report promptly. These findings suggest that the injurers' behaviors are aligned with the risk-dominance refinement. Second, Mild and Strong Leniency significantly increase the likelihood of detection of harmful activities. This fundamental finding is explained by the high self-reporting rates under ordered-leniency policies. Third, as a result of the increase in the detection rates, the averages fines are significantly higher under Mild and Strong Leniency. As expected when the risk-dominance refinement is applied, Mild Leniency exhibits the highest average fine.
主题Microeconomics ; Game Theory ; Econometrics ; Experimental Design ; Economics of Information ; Other ; Law and Economics ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w25094
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582767
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Claudia M. Landeo,Kathryn E. Spier. Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting. 2018.
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