Beckmann, Michael - In: Journal of Cultural Economics 28 (2004) 2, pp. 125-141
This article illustrates the determinants of bidder collusion using data from German auctions. Special attention is … thereby devoted to the question at whether art and antiques auctions are particularly attractive for bidding rings as the … conditions for rings to succeed may be quite favorable at these auctions. Cartel stability at art auctions, for example, may be …