Simulation of Legal Exemption System for European Cartel Law
Aggregate results of the legal exemption game simulation
Matrix containing the correlation structure
Investigate the effect of correlated input parameters
Investigate the effect of correlated input parameters depending on ill...
Visualize results of simulation of legal exemption system
Simulate the Legal Exemption Game
Simulation of Legal Exemption System for European Cartel Law
Monte Carlo simulations of a game-theoretic model for the legal exemption system of the European cartel law are implemented in order to estimate the (mean) deterrent effect of this system. The input and output parameters of the simulated cartel opportunities can be visualized by three-dimensional projections. A description of the model is given in Moritz et al. (2018) <doi:10.1515/bejeap-2017-0235>.