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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

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
OAI identifier: oai:CiteSeerX.psu:10.1.1.192.3722
Provided by: CiteSeerX
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