Evidence Dependence of Fine Reductions in Corporate Leniency Programs
Evidence Dependence of Fine Reductions in Corporate Leniency Programs
复制标题
公司宽大处理计划中罚款减少的证据依赖性
DOI:
10.1628/093245610793524910
复制
发表时间:
2010
期刊:
影响因子:
0.4
通讯作者:
M. Walzl
中科院分区:
文献类型:
--
作者:
E. Feess;M. Walzl
We analyze whether corporate leniency programs should grant full immunity to the first self-reporting firm regardless of the amount of evidence provided. We distinguish between two firms, one of them providing high and one only low evidence. We show that awarding full amnesty also to the low evidence provider is suboptimal. Distinguishing fines between the two firms leads to the same percentage of self-reporting and to a lower cartel frequency. For the high evidence provider, full amnesty can but does not have to be optimal.