Does experience make you ‘tougher’? Evidence from competition law

Research output: Contribution to journalArticle (Academic Journal)peer-review

4 Citations (Scopus)

Abstract

This article investigates experience effects for public officials. Using a unique data set of companies investigated under UK competition law, we find very strong experience effects for chairmen of investigation panels, estimated from the increase in experience of individual chairman. Probit and IV probit regressions indicate that replacing an inexperienced chairman with one of average experience increases the probability of a ‘guilty’ outcome by approximately 30% and, after chairing around 30
cases, a chairman is predicted to find almost every case guilty.
Original languageEnglish
Pages (from-to)474-490
Number of pages17
JournalEconomic Journal
Volume123
Issue number568
DOIs
Publication statusPublished - May 2013

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