modelled as a multiple criteria auction, and an auctioneer (a government employee) who has discretion in devising the selection … auction into a symmetric information auction (in bribes) for a common value prize. In a repeated setting we show that …

This paper investigates links between corruption and collusion in procurement. A first-price multiple-object auction is … with corruption, collusion is more likely in auctions where firms are small relative to the market. Our main message to … auction designers, competition authorities and criminal courts is that risks of collusion and of corruption must be addressed …

We consider a second price auction between bidders with independently and identically distributed valuations, where a … grand coalition is a known result. Finally, we study collusion in auctions as a mechanism design problem, insisting on the …