During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so … argument why beauty contests or negotiations might be dominated by auctions, which is closely linked to the multi …

We experimentally examine the collusive properties of two commonly used auctions: the English auction (EN) and the … first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while … auctions do not differ in subjects’ propensity to collude overtly and in the likelihood that subjects defect from a collusive …

We experimentally examine the collusive properties of two commonly used auctions: the English auction (EN) and the … first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while … auctions do not differ in subjects’ propensity to collude overtly and in the likelihood that subjects defect from a collusive …

If a government auctions the right to market a good, continuity is likely to be of significant importance. In a …

We experimentally examine the effectiveness of a leniency program against bidding rings in two commonly used auctions …

If a government auctions the right to market a good, continuity is likely to be of significant importance. In a …

characteristic function, derived from the partition form game, is not empty. As an application, we study collusion in auctions in …