Publication:
Blowing the whistle

Date

2003

Authors

Dufwenberg, Martin
Selten, Reinhard

Director

Publisher

Acceso abierto / Sarbide irekia
Documento de trabajo / Lan gaia

Project identifier

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.

Description

Keywords

Anti trust, Leniency, Immunity, Amnesty, Blow the whistle, Cartels, Price competition, Bertrand model, Experiment, Communication

Department

Economía / Ekonomia

Faculty/School

Degree

Doctorate program

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