| Budget Amount *help |
¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000)
Fiscal Year 2012: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2011: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2010: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2009: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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| Research Abstract |
My co-author and I construct and analyse a simple model of duopoly pricing, competition policy and leniency programmes, and find that within the model, leniency programmes do have an indeterminate effect on collusion. We then conduct a laboratory experiment in the U.K. and in Japan in which human subjects play the role of firms in our model. We compare two leniency programmes - full immunity from fines and partial immunity - with a baseline where no leniency programme is in place.
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