• Title of article

    Optimal punishments with detection lags

  • Author/Authors

    Luca Colombo، نويسنده , , Paola Labrecciosa، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    4
  • From page
    198
  • To page
    201
  • Abstract
    In this note we characterize optimal two-phase punishments in the presence of an n period detection lag, i.e. when cheating on an implicit agreement can be kept secret for a certain time period. Two simple applications are also provided.
  • Keywords
    Detection lags , Cartel stability , Optimal punishments
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    435993