public contract data. Employing a regression discontinuity design for close-call procurement auctions, we find that winners …

This paper presents an empirical model of sponsored search auctions in which advertisers are ranked by bid and ad …

We study the implications of credit constraints for the sustainability of product market collusion in a bank … degree of collusion, but a substantial increase keeps it unaffected relative to the no-constraint case. A permanent adverse … demand shock in this setup does not affect the possibility of collusion, but may aggravate financing constraints and …

behavior, that takes the form of collusion or blackmail, on the part of members of a simple hierarchical structure. We focus on …-blowing, creates incentives for the uninformed colluding party to walk out of the side deal and report to the principal that collusion …

-based social preferences suggest that negative externalities make collusion harder to sustain than predicted by standard economic …

problem is to certify the private signal and make it public. When collusion between the certifier and the agent is an issue … if this certification raises the specter of collusion. …