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Theodore Pak Yin Gong

Hong Kong Baptist University (HKBU) - Department of Economics

Kowloon Tong

Hong Kong

National University of Singapore (NUS), Department of Economics

Singapore

Singapore

  • Hong Kong Baptist University (HKBU) - Department of Economics

  • National University of Singapore (NUS), Department of Economics

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Cartel Desistance and (Non-)Automatic Promises in Leniency Policy Design

Number of pages: 47 Posted: 17 Nov 2025 Last Revised: 29 May 2026
Theodore Pak Yin Gong and Yuk‐Fai Fong
Hong Kong Baptist University (HKBU) - Department of Economics and Hong Kong University of Science & Technology (HKUST) - Department of Economics
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Abstract:

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Leniency, discretion, minimum-evidence standards (MES)