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Blowing the Whistle

Jose Apesteguia (), Martin Dufwenberg and Reinhard Selten

Bonn Econ Discussion Papers from University of Bonn, Germany

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, theoretically and experimentally.

Keywords: Anti-trust; leniency; immunity; amnesty; blow the whistle; cartels; price competition; Bertrand model; experiment; communication (search for similar items in EconPapers)
JEL-codes: C92 D43 L13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp
Date: 2003-04
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Working Paper: Blowing the Whistle (2003) Downloads
Working Paper: Blowing the Whistle (2003) Downloads
Journal Article: Blowing the Whistle (2007) Downloads
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