Strategic leniency: insights from game theory and empirical evidence
Strategic leniency signifies potential exploits of leniency that could generate detrimental effects. Leniency could be exploited in three distinct ways: (1) used to punish cartel deviator; (2) used as a cartel exit strategy; (3) used as a way to report false cartels hoping that rivals will be fined...
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| Format: | Article |
| Language: | English |
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Vilnius University Press
2020-12-01
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| Series: | Vilnius University Open Series |
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| Online Access: | https://www.zurnalai.vu.lt/open-series/article/view/22389 |