Giuseppe, Lopomo; Marshall Robert C.; M, Marx Leslie - In: The B.E. Journal of Theoretical Economics 5 (2005) 1, pp. 1-28
In its attempts to deter and prosecute big rigging, U.S. antitrust authorities have focused on sealed-bid procurements, rather than on ascending-bid auctions. One possible justification for this focus is the idea, supported by the existing theoretical literature, that collusion creates...
