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    题名: The Impact of Different Antitrust Laws on the Actions of Cartels
    作者: Wang,Jue-Shyan;Chen,Yi-Shao
    贡献者: 政大財政系
    关键词: Cartel;Leniency Policy;Bayesian Nash Equilibrium
    日期: 2010-06
    上传时间: 2013-08-26 16:11:28 (UTC+8)
    摘要: The issues about antitrust laws are getting much attention nowadays. And many countries over the world adopt leniency policies to control the actions of cartels. We used a game-theoretical model to discuss the equilibrium of cartels under different antitrust laws. And we modify the model of Blum et al. [1] to analyze the equilibriums of firms under the different mechanisms of leniency policies. We find out that the value of fine will affect the existence of a cartel, and the recognitions of legitimacies for cartels are important as well. When the antitrust authorities ask firms to propose appliances in advance to let the cartels be legal, firms would incline not to become a cartel. It’s quite different from the other mechanism which firms can confess to the antitrust authorities after they’ve already become a cartel.
    關聯: Theoretical Economics Letters, 2(5), 455-458
    数据类型: article
    DOI 連結: http://dx.doi.org/10.4236/tel.2012.25085
    DOI: 10.4236/tel.2012.25085
    显示于类别:[財政學系] 期刊論文

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