[HTML][HTML] Collusion detection in public procurement auctions with machine learning algorithms

MJG Rodríguez, V Rodríguez-Montequín… - Automation in …, 2022 - Elsevier
Collusion is an illegal practice by which some competing companies secretly agree on the
prices (bids) they will submit to a future auction. Worldwide, collusion is a pervasive …

Regulating collusion

S Chassang, J Ortner - Annual Review of Economics, 2023 - annualreviews.org
We attempt to provide a systemic view of the process of regulating collusion, including
detection and prosecution as well as bargaining between firms and regulators via consent …

[图书][B] The economics of collusion: Cartels and bidding rings

RC Marshall, LM Marx - 2012 - books.google.com
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 …

Artificial intelligence and auction design

M Banchio, A Skrzypacz - Proceedings of the 23rd ACM Conference on …, 2022 - dl.acm.org
Motivated by online advertising auctions, we study auction design in repeated auctions
played by simple Artificial Intelligence algorithms (Q-learning). We find that first-price …

A secure and privacy-preserving protocol for holding double auctions in smart grid

R Sarenche, M Salmasizadeh, MH Ameri, MR Aref - Information Sciences, 2021 - Elsevier
One of the most used types of auctions in the smart grid is the double auction, in which both
buyers and sellers can respectively submit their bids and asks to participate in the auction. In …

Do private equity consortiums facilitate collusion in takeover bidding?

AL Boone, JH Mulherin - Journal of Corporate Finance, 2011 - Elsevier
We address whether the joint bidding by private equity consortiums facilitates collusion in
the takeover market. We employ a sample of 870 takeovers of publicly traded targets in the …

Information transparency in business-to-business auction markets: The role of winner identity disclosure

Y Lu, A Gupta, W Ketter, E Van Heck - Management Science, 2019 - pubsonline.informs.org
One of the central issues in auction design is how much information should be disclosed to
bidders. In this paper, we examine bidder's identity disclosure in sequential business-to …

Collusion in auctions for emission permits: An experimental analysis

D Burtraw, J Goeree, CA Holt, E Myers… - Journal of Policy …, 2009 - Wiley Online Library
Environmental markets have several institutional features that provide a new context for the
use of auctions and that have not been studied previously. This paper reports on laboratory …

Public–private agreements, institutions, and competition: When economic theory meets facts

S Saussier, C Staropoli, A Yvrande-Billon - Review of Industrial …, 2009 - Springer
While, in practice, the participation of private actors at the local and national government
levels through various types of contractual agreements has been increasing over the last …

Detecting abnormal and collusive bids in capped tendering

P Ballesteros-Pérez, MC González-Cruz… - Automation in …, 2013 - Elsevier
Recent developments in the area of Bid Tender Forecasting have enabled bidders to
implement new types of easy-to-use tools for increasing their chances of winning contracts …