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the semipublic firm is smaller than that of the private firm. The more the semipublic firm is concerned for social welfare …
Persistent link: https://www.econbiz.de/10008794735
grand coalition is a known result. Finally, we study collusion in auctions as a mechanism design problem, insisting on the …
Persistent link: https://www.econbiz.de/10009211251
and public signals. We show that competition leads the two firms to invest too early and analyze collusion schemes whereby … one firm prevents the other firm from entering the market. We show that, in the efficient collusion scheme, the active …
Persistent link: https://www.econbiz.de/10009368492
A power system is modeled by an interaction form, the solution of which is called a settlement. By stability we mean the existence of some settlement for any preference profile. Like in other models of power structure, instability is equivalent to the existence of a cycle. Structural properties...
Persistent link: https://www.econbiz.de/10010751036
A power system is modeled by an interaction form, the solution of which is called a settlement. By stability we mean the existence of some settlement for any preference profile. Like in other models of power structure, instability is equivalent to the existence of a cycle. Structural properties...
Persistent link: https://www.econbiz.de/10010738617
room for collusion can be profitable if some buyers of the oligopoly good have no demand for the monopoly good. The reason … decreases the profitability of deviating from a collusive agreement. Tying may thus facilitate collusion. It may also allow the …
Persistent link: https://www.econbiz.de/10010738775
favoritism substantially facilitates collusion. It increases the gains from collusion and contributes to solving basic …), favoritism only partially shades the cartel from the environment. We thus find that favoritism generally facilitates collusion at … and collusion in public markets. It also shows that the rotation of officials is not one of them. …
Persistent link: https://www.econbiz.de/10010738980
This paper investigates links between corruption and collusion in procurement. A first-price multiple-object auction is …) provides a mechanism to enforce collusion. A second result is that package bidding can facilitate collusion. We also find that … with corruption, collusion is more likely in auctions where firms are small relative to the market. Our main message to …
Persistent link: https://www.econbiz.de/10010739053
collusion between policyholders and insurance agents or service providers. …
Persistent link: https://www.econbiz.de/10010821286
Nous présentons dans ce papier une modélisation du seuil critique de préférence pour la collusion dans un duopole mixte …'objectif consiste à comparer la préférence pour la collusion à travers ce seuil dans les deux structures de marché étudiées et dans deux …
Persistent link: https://www.econbiz.de/10010821290