Individual contributions by infringing firms to the compensation of cartel victims must reflect their 'relative … responsibility for the harm caused' according to EU legislation. Several studies have argued that the theoretically best way to … compute the Shapley-Shubik index. Simulations for a variety of market scenarios document that this captures relative …

Individual contributions by infringing firms to the compensation of cartel victims must reflect their “relative … responsibility for the harm caused” according to EU legislation. Several studies have argued that the theoretically best way to … compute the Shapley-Shubik index. Simulations for a variety of market scenarios document that this captures relative …

contribute in proportion to their relative responsibility for the victim's harm. We operationalize this for hardcore cartels …

contribute in proportion to their relative responsibility for the victim's harm. We operationalize this for hardcore cartels …