Friday, March 13, 2015
Auction Mechanisms and Bidder Collusion: Bribes, Signals and Selection
Aniol Llorente-Saguer (Queen Mary University of London) and Ro’i Zultan (Ben-Gurion University) identify Auction Mechanisms and Bidder Collusion: Bribes, Signals and Selection. ABSTRACT: The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of...
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