TCOU | The Cost of Uncertaincy - A Study on the Reform of the European Commission's Leniency Program

Summary
This project will study the improvement in effectiveness of the European Commission’s leniency program in cartel detection post the 2002 reform, which improved the program’s transparency and reduced its uncertainty. Specifically, I aim to quantify the increase in number of leniency applications attributed to the feature of automatic amnesty using a structural approach. In addition, I am interested in finding out how firms with different characteristics, such as sizes, industries, compositions of management and board, respond differently to the reduction in uncertainty. The main objectives of the project include deepening the understanding of firms’ behaviors under uncertainty, bringing forth methodological innovations, informing on policy making and raising awareness of the general public.
To achieve these objectives, I will employ innovative approaches that are multidisciplinary and go beyond the state of the art, while paying special attention to the of gender. I will actively engage in supervision and training provided by my host institution, construct and refine the theoretical model and empirical strategy in a timely manner, disseminate the research idea and findings through a professional network that I will actively expand, and engage with a broader audience outside of academia, including policymakers, business leaders and the general public.
In the process of achieving these objectives, I will acquire and improve skills in technical aspects of economics research, data management and research management. I will also expand my professional network, improve domain translational expertise, which will enhance my career prospects in academia, the private and public sectors.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/101108892
Start date: 01-06-2023
End date: 31-05-2025
Total budget - Public funding: - 165 312,00 Euro
Cordis data

Original description

This project will study the improvement in effectiveness of the European Commission’s leniency program in cartel detection post the 2002 reform, which improved the program’s transparency and reduced its uncertainty. Specifically, I aim to quantify the increase in number of leniency applications attributed to the feature of automatic amnesty using a structural approach. In addition, I am interested in finding out how firms with different characteristics, such as sizes, industries, compositions of management and board, respond differently to the reduction in uncertainty. The main objectives of the project include deepening the understanding of firms’ behaviors under uncertainty, bringing forth methodological innovations, informing on policy making and raising awareness of the general public.
To achieve these objectives, I will employ innovative approaches that are multidisciplinary and go beyond the state of the art, while paying special attention to the of gender. I will actively engage in supervision and training provided by my host institution, construct and refine the theoretical model and empirical strategy in a timely manner, disseminate the research idea and findings through a professional network that I will actively expand, and engage with a broader audience outside of academia, including policymakers, business leaders and the general public.
In the process of achieving these objectives, I will acquire and improve skills in technical aspects of economics research, data management and research management. I will also expand my professional network, improve domain translational expertise, which will enhance my career prospects in academia, the private and public sectors.

Status

SIGNED

Call topic

HORIZON-MSCA-2022-PF-01-01

Update Date

31-07-2023
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Horizon Europe
HORIZON.1 Excellent Science
HORIZON.1.2 Marie Skłodowska-Curie Actions (MSCA)
HORIZON.1.2.0 Cross-cutting call topics
HORIZON-MSCA-2022-PF-01
HORIZON-MSCA-2022-PF-01-01 MSCA Postdoctoral Fellowships 2022