Scandinavian Working Papers in Economics

Research Papers in Economics,
Stockholm University, Department of Economics

No 2003:5: Blowing the Whistle

Jose Apesteguia (), Martin Dufwenberg () and Reinhard Selten
Additional contact information
Jose Apesteguia: Public University of Navarre, Postal: Public University of Navarre, Campus de Arrosadía, 31006 Pamplona, , , ,
Martin Dufwenberg: Dept. of Economics, Stockholm University, Postal: Department of Economics, Stockholm University, S-106 91 Stockholm, Sweden
Reinhard Selten: University of Bonn

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

JEL-codes: C92; D43; L13

29 pages, May 6, 2003

Full text files 

wp03_05.pdf PDF-file

Download statistics

Questions (including download problems) about the papers in this series should be directed to Anne Jensen ()
Report other problems with accessing this service to Sune Karlsson ().

This page generated on 2024-02-05 17:13:48.