Monday, March 23, 2015
Lower Sanctions, Greater Antitrust Compliance? Cartel Conduct with Imperfect Information about Enforcement Risk
Johannes Paha (University of Giessen) asks Lower Sanctions, Greater Antitrust Compliance? Cartel Conduct with Imperfect Information about Enforcement Risk. ABSTRACT: This article provides a model of two risk-neutral firms that may cooperate to achieve a goal that is potentially illegal....
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