Financial Incentives for Whistleblowers: A Short Survey
22 oktober, 2019
Working paper: Whistleblower reward programs, or “bounty regimes”, are increasingly used in the United States. According to Professor Spagnolo and his co-auhtor, the effectiveness of these programs has been questioned, and empirical evidence on their effectiveness have been scarce likely due to their relatively recent introduction.
By Giancarlo Spagnolo and Theo Nyreröd
Whistleblower reward programs, or “bounty regimes”, are increasingly used in the United States. The effectiveness of these programs has been questioned, and empirical evidence on their effectiveness have been scarce likely due to their relatively recent introduction. In recent years, however, empirical and experimental evidence on their effectiveness have become more available and robust.
We review the (rather encouraging) evidence on whistleblower reward programs, in terms of amount of additional information generated, deterrence effects, and administration costs, and consider the possibility of extending them to accomplice-witnesses in antitrust.