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This dissertation aims to examine in depth whether or not day-of-the-week effects are present in the LIBOR setting process and to which extent these effects are observed through several well-defined time periods of the LIBOR manipulation scandal. Various econometric specifications are employed in this paper in order to examine these issues optimally on the aggregate and the individual panel bank level. Our findings indeed indicate the presence of day-of-the-week effects in the LIBOR setting process. However, by taking into account various time-specific financial factors, a distinction is made between true day-of-the-week effects and seemingly ones. In particular, this master's thesis will be able to establish a connection between the presence of day-of-the-week effects in the LIBOR setting process and exhibited manipulative behavior of well-identified panel banks in the form of an 'Enhanced Friday Effect'. Arguably, LIBOR submitters make use of the reduced attention of regulators and investors towards the weekend to mask their manipulative actions in a certain time period.

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In deze verhandeling wordt nagegaan of de Europese Commissie in haar beschikkingen aantoont dat de onderlinge communicatie tussen de kartelleden een effectieve werking heeft op de werking en de duurzaamheid van het kartel. Uit de literatuurstudie wordt besloten dat communicatie tussen kartelleden enkel een effect kan resulteren wanneer er sprake is van altruïsme en onderling vertrouwen. Via onderzoek van uitspraken van de Europese Commissie over artikel 81(1) van het EG-verdrag waar er sprake is van wederzijdse communicatie, wordt duidelijk dat de Europese Commissie slechts in een beperkt aantal gevallen aantoont dat er sprake is van altruïsme en onderling vertrouwen tussen de partijen.

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Prediction markets are markets where participants trade contracts whose payoffs depend on unknown future events. In recent years, these markets have been used to forecast many different events such as the outcome of political elections, the sales of a company or the effect of a new government policy. Firstly, this paper looks at the theoretical literature on prediction markets with particular interest in the design considerations when setting up a market. Secondly, this paper investigates the performance of various prediction markets in the run-up to the 2008 U.S. presidential elections with particular attention paid to the performance of the market relative to polls.