Economic Experiment Analysis on Leniency Program

DOI

Bibliographic Information

Other Title
  • リニエンシー制度の経済実験分析―減免制度と褒賞制度どちらが有効か―

Description

<p>Based on Hinloopen and Soetevent (2005), this paper experimentally investigates which of two types of programs refrains the cartel stability: fine reduction program or rewards program. The former program grants full or partial immunity from fines for cartel members who report a cartel to the antitrust authority; The latter grants rewards for the whistleblower. We find the followings. The average bid price in the former program is higher than that in the latter. The similar results hold for both the rate of cartel activities and that of cartel recidivism. Thus, the latter is more desirable from the viewpoint of cartel deterrence.</p>

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Keywords

Details 詳細情報について

  • CRID
    1390002184879774976
  • NII Article ID
    130007806065
  • DOI
    10.11167/jbef.13.16
  • ISSN
    21853568
  • Text Lang
    ja
  • Data Source
    • JaLC
    • CiNii Articles
  • Abstract License Flag
    Disallowed

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