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Previous research exploring the effect of corporate leniency programs has modelled the oligopoly stage game as a Prisoners?Dilemma. Using numerical analysis, we consider the Bertrand price game and allow the probability of detection and penalties to be sensitive to firms?prices. Consistent with...
Persistent link: https://www.econbiz.de/10005435017
This study investigates suicide rates among OECD countries, with particular effort made to gain insight into how suicide in Japan is different from suicides in other OECD countries. Several findings emerged from fixed-effect panel regressions with country-specific time-trends. First, the impacts...
Persistent link: https://www.econbiz.de/10005444957
This paper characterizes collusive pricing patterns when buyers may detect the presence of a cartel. Buyers are assumed to become suspicious when observed prices are anomalous. We find that the cartel price path is comprised of two phases. During the transitional phase, price is generally rising...
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This paper contributes to the literature of suicide studies by presenting procedures for estimating the number of family members who lose their loved ones to suicide. Using Japanese data, three main findings emerge: first, there are approximately five bereaved family members per suicide; second,...
Persistent link: https://www.econbiz.de/10004991476
This note introduces a generalized version of various multi-component decomposition, which can be applied to two classes of indices, the additive-product form and the product-additive form. We also provide an example of the application.
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This paper develops a model for joint liability borrowings that facilitates credit market transactions ex ante, but may induce the borrower's suicide ex post through the stigma associated with default. A Japanese suicide survey provides some supportive evidence.
Persistent link: https://www.econbiz.de/10008866891