Article ID Journal Published Year Pages File Type
5059433 Economics Letters 2014 4 Pages PDF
Abstract
This paper investigates the size of penalties required to deter cartel formation. Allowing the penalty to be increasing in duration within the infinitely repeated game framework, penalties do not need to be as severe as previous research would suggest.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Penalties and the deterrence of unlawful collusion
Authors
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