• Graduate program
    • Why Tinbergen Institute?
    • Program Structure
    • Courses
    • Course Registration
    • Recent PhD Placements
    • Facilities
    • Admissions
  • Research
  • News
  • Events
    • Summer School
      • Crash Course in Experimental Economics
      • Introduction in Genome-Wide Data Analysis
      • Research on Productivity, Trade, and Growth
      • Econometric Methods for Forecasting and Data Science
  • Times
Home | News | Cartel Dating article nominated for Antitrust Writing Awards 2019
News | January 17, 2019 |

Cartel Dating article nominated for Antitrust Writing Awards 2019

The article ‘Cartel Dating’, written by research fellows Peter Boswijk and Maarten Pieter Schinkel (co-author Maurice Bun) has been nominated for the Antitrust Writing Awards 2019 in the Economics category of the Academic Article Awards. Read the full article and vote here.

Cartel Dating article nominated for Antitrust Writing Awards 2019

The article is about determining the precise start and end dates of cartels. The legally established period of infringement, based on supporting documents, such as minutes from court proceedings, often does not coincide with the period of the actual cartel effects. Competition authorities still state begin and end dates in their decisions, often to the day.
For estimating cartel damages, it is relevant to determine the difference between the prices paid and the but-for prices: the prices that most likely would have established in the market if there would not have been a cartel. The article Cartel Dating shows that if the cartel period is incorrectly dated, the but-for prices will be overestimated with the result that the cartel damage will be underestimated. This effect occurs regardless of the type and size of the dating error.

In the article, the researchers also propose an empirical cartel dating procedure to date effective cartel periods based on standard structural breaks methods (Bai-Perron). Plaintiffs that want to recover cartel damages are advised to use such a methodology, to prevent the risk to claim too little damage.