Relevance and Shortcomings of Behavioral Economics in Antitrust Deterrence
Journal of European Competition Law & Practice – Oxford Academic (Forthcoming)
10 Pages Posted: 24 Oct 2019 Last revised: 30 Mar 2020
Date Written: November 2, 2019
The new paradigm introduced by behavioral studies changes the traditional approach on the incitement to break the law. This paper aims to examine the relevance of a deterrent system based not on the rational choice theory, but on behavioural theory.
Keywords: Antitrust, Competition, Anticompetitive Practices, Deterrence, Behavioral Theory, Rational Choice Theory, Cognitive Biases, Heuristics, Soft Law
JEL Classification: K20, K21, A1
Suggested Citation: Suggested Citation