Bayesian Approach for Estimating the Probability of Cartel Penalization under the Leniency Program
Cartels cause tremendous damage to the market economy and disadvantage consumers by creating higher prices and lower-quality goods; moreover, they are difficult to detect. We need to prevent them through scientific analysis, which includes the determination of an indicator to explain antitrust enfor...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2018-06-01
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| Series: | Sustainability |
| Subjects: | |
| Online Access: | http://www.mdpi.com/2071-1050/10/6/1938 |