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Keywords Anti-trust · Leniency · Immunity · Amnesty · Blow the whistle ·

By Jose Apesteguia, Martin Dufwenberg, Reinhard Selten, J. Apesteguia, M. Dufwenberg (b and R. Selten


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, experimentally

Topics: We are grateful to Sebastian Goerg for excellent research assistance, Colin Camerer, Uri Gneezy
Year: 2011
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