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Record W2292789189

Denying Leniency to Cartel Instigators: Costs and Benefits

2015· preprint· en· W2292789189 on OpenAlexaff
Zhiqi Chen, Subhadip Ghosh, Thomas W. Ross

Bibliographic record

VenueRePEc: Research Papers in Economics · 2015
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicMerger and Competition Analysis
Canadian institutionsUniversity of British ColumbiaMacEwan UniversityCarleton University
Fundersnot available
KeywordsCartelEnforcementIncentivePunishment (psychology)Law and economicsCompetition (biology)BusinessEconomicsMicroeconomicsPolitical scienceLawPsychologySocial psychology
DOInot available

Abstract

fetched live from OpenAlex

A large number of countries have introduced successful leniency programs into their competition
\nlaw enforcement to encourage colluding firms to come forward with evidence that will help
\ndetect cartels and punish price-fixers. This paper studies a feature of some of these programs
\nthat has received relatively little attention in the literature: the inclusion of “No Immunity for
\nInstigators Clauses” (NIICs). These provisions deny leniency benefits to parties that instigate
\ncartel behavior or function as cartel ringleaders. Our results show that NIICs can lead to
\nincreased or decreased levels of cartel conduct. By removing the instigator’s benefit from
\ncooperating with the authorities, a NIIC undoes some of the destabilizing benefit the leniency
\nprogram was intended to generate and thereby furthers cartel stability. On the other hand, the
\ninstigator faces an asymmetrically severe punishment under a NIIC and this can reduce the
\nincentive to instigate in the first place.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.634
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.072
GPT teacher head0.299
Teacher spread0.226 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2015
Admission routes1
Has abstractyes

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