Showing 1 - 10 of 13,352
Persistent link: https://www.econbiz.de/10014286667
Persistent link: https://www.econbiz.de/10015137929
We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while …
Persistent link: https://www.econbiz.de/10011932593
Persistent link: https://www.econbiz.de/10013412429
-price auction. It does so by starting with the framework of von der Fehr and Harbord (1992, 1993), who solved for an electricity …
Persistent link: https://www.econbiz.de/10014176932
This study explores stability in efficient collusion in government procurement auctions. In first- and second …-price auctions with independent private values, we look at the possibility of vetoing collusion mechanisms and the learning of the …
Persistent link: https://www.econbiz.de/10014211854
We examine auction data to determine if bid rigging presents in procurement auctions for paving works in Ibaraki City … the ring is all-inclusive if the auction is not the bidding war, we estimate the scheme by which the ring allocates a win …
Persistent link: https://www.econbiz.de/10014217151
The most important issues in auction design are the traditional concerns of competition policy - preventing collusive …, and the Anglo-Dutch auction - a hybrid of the sealed-bid and ascending auctions - may often perform better. Effective anti … fail in the Netherlands and elsewhere. Auction design is not "one size fits all". We also discuss the 3G spectrum auctions …
Persistent link: https://www.econbiz.de/10014135971
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of … neglects the effects of failed collusion attempts. In such contingencies, information revealed in the negotiation process is … collusion is possible, but negotiations often break down and information is revealed in an asymmetric way. The existing …
Persistent link: https://www.econbiz.de/10014139280
This paper documents evidence of widespread collusion among construction firms using a novel dataset covering most of … for auctions when all (initial) bids fail to meet the reserve price, we identify collusion using ideas similar to …
Persistent link: https://www.econbiz.de/10014143891