organized in a "well-coordinated" cartel. After discussing the way the cartel reacts to any auction mechanism, we show that if … the cartel pay to get an efficient allocation or randomly allocating the item. We then discuss the way to implement this …

regarding monopoly and cartel policy. Undertakings have to manoeuvre through a complex universe. Not only must they master the … competition and add up to the aforementioned. Monopoly and cartel policy presents itself as an important limitation to the freedom … harmful to competition insomuch as cartel and monopolies or taking advantage of a dominant position are means generally …

stereotype of risk averse and less competitive older employees. …

This chapter of a collective book aims at presenting the basics of decision making under risk. We first define notions … of risk and increasing risk and recall definitions and classifications (that are valid independently of any … representation) of behavior under risk. We then review the classical model of expected utility due to von Neumann and Morgenstern …