We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical practice, and public policy, and a discussion of …
An examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected. Explicit collusion is an agreement among competitors to …
Detecting cartels Page 1 Harrington, Joseph E. Working Paper Detecting cartels Working Paper, No. 526 Provided in Cooperation with: Department of Economics, The Johns Hopkins University …
J Asker - American Economic Review, 2010 - aeaweb.org
This paper examines bidding in over 1,700 knockout auctions used by a bidding cartel (or ring) of stamp dealers in the 1990s. The knockout was conducted using a variant of the …
PL Lorentziadis - European Journal of Operational Research, 2016 - Elsevier
The game theoretic perspective in auction bidding has provided a powerful normative framework for the analysis of auctions and it has generated an impressive volume of …
TG Conley, F Decarolis - American Economic Journal: Microeconomics, 2016 - aeaweb.org
We study entry and bidding in procurement auctions where contracts are awarded to the bid closest to a trimmed average bid. These auctions, common in public procurement, create …
RH Porter - Review of Industrial Organization, 2005 - Springer
Detection and deterrence of collusion are longstanding antitrust problems, made difficult because collusive arrangements are usually surreptitious. In this paper, I discuss factors that …
YK Che, J Kim - Econometrica, 2006 - Wiley Online Library
A contract with multiple agents may be susceptible to collusion. We show that agents' collusion imposes no cost in a large class of circumstances with risk neutral agents …
DG Gregg, JE Scott - International Journal of Electronic Commerce, 2006 - Taylor & Francis
On-line auction fraud is the most frequently reported Internet crime. This research investigates whether on-line reputation systems are a useful mechanism for potential buyers …