ABSTRACT: This paper provides a critical and systematic overview of the most influential contributions to the economics literature on collusion and leniency programmes in antitrust. It also reviews the literature on the economics of (generic) law enforcement, with a focus on self-reporting schemes, for crimes committed either by individuals or groups of individuals. The principal objective of the survey is to enhance our understanding of how leniency policies impact on cartel formation and sustainability
KEYWORDS: Collusion, leniency programmes, optimal enforcement, cartel deterrence, antitrust policy, self-reporting
CITATION: Agisilaou, P (2013) 'Collusion in Industrial Economics and Optimally Designed Leniency Programmes - A Survey', CCP Working Paper 13-3.