Publication type: Conference other
Type of review: No review
Title: Estimating the dark rates of collusion
Authors: Bellert, Nicole
et. al: No
Conference details: Research Seminar Spring 2022, University of Zurich, 5 April 2022
Issue Date: 2022
Language: German
Subject (DDC): 338: Production
Abstract: Dark rate estimation of (illegal) conduct is inherently estimating population sizes of unknown populations. Numerous studies identify detected cartels to be profitable, and some hint at significant numbers of undetected cartels. A reliable estimation of the dark rate of collusive behavior supports competition authorities to evaluate antitrust law and enforcement strategies, necessary for successful detection and deterrence of cartels. Estimations about any population are based on draws of a random sample. Empirical research agrees that the sample of detected cartels is non-random and shows two main selection biases: (i) certain firms and industries are by structure prone to collude; and (ii) competition authorities selectively search markets that are either structurally prone to collusion or have a track record of detection. We model sample selection of detected cartels: for every cartel detected, how many cartels are left undetected? We answer this question by introducing a novel econometric approach disentangling the relevance of industry and firm characteristics from selection by the enforcer.
URI: https://digitalcollection.zhaw.ch/handle/11475/26881
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Institute of Wealth & Asset Management (IWA)
Appears in collections:Publikationen School of Management and Law

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Bellert, N. (2022). Estimating the dark rates of collusion. Research Seminar Spring 2022, University of Zurich, 5 April 2022.
Bellert, N. (2022) ‘Estimating the dark rates of collusion’, in Research Seminar Spring 2022, University of Zurich, 5 April 2022.
N. Bellert, “Estimating the dark rates of collusion,” in Research Seminar Spring 2022, University of Zurich, 5 April 2022, 2022.
BELLERT, Nicole, 2022. Estimating the dark rates of collusion. In: Research Seminar Spring 2022, University of Zurich, 5 April 2022. Conference presentation. 2022
Bellert, Nicole. 2022. “Estimating the dark rates of collusion.” Conference presentation. In Research Seminar Spring 2022, University of Zurich, 5 April 2022.
Bellert, Nicole. “Estimating the dark rates of collusion.” Research Seminar Spring 2022, University of Zurich, 5 April 2022, 2022.


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