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040 _aMSU
_cMSU
_erda
100 _aBOS, Iwan
245 _aA note on cartel ringleaders and the corporate leniency programme
264 _aNew York
_bTaylor & Francis
_c2013
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aApplied Economics Letters
_vVolume , number ,
520 _aCartel ringleaders can apply for amnesty in some jurisdictions (e.g., the EU), whereas in others they are excluded (e.g., the US). This note shows that ringleader exclusion loosens the incentive constraint of regular cartel members and tightens or loosens the incentive constraint of ringleaders. The latter may occur when the first firm that applies for leniency receives a sufficiently high discount.
650 _acartels
650 _aleniency programme
650 _aringleader
700 _aWANDSCHNEIDER, Frederick
856 _uhttps://doi.org/10.1080/13504851.2013.788777
942 _2lcc
_cJA
999 _c163307
_d163307