Martini, Gianmaria - Dipartimento di Scienze Aziendali, Economiche e Metodi … - 2002
policy is implemented through discretion, behavioral constraints are an effective tool in limiting collusion. However firms … implemented through discretion. In the event of collusion the public agency can enforce competition through fines and behavioral … constraints. The paper shows that while fines do not constitute an incentive to investigate in the event of collusion when the …
