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Core-stable rings in auctions with independent private values
Biran, Omer; Forges, Françoise - 2010
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10003974150
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Strategic leaks in first-price auctions and tacit collusion : the case of spying and counter-spying
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2021
We analyze strategic leaks due to spying out a rival’s bid in a first-price auction. Such leaks induce sequential bidding, complicated by the fact that the spy may be a counterspy who serves the interests of the spied at bidder and reports strategically distorted information. This ambiguity...
Persistent link: https://www.econbiz.de/10012507333
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How communication makes the difference between a cartel and tacit collusion : a machine learning approach
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2022
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … cartel formation and indirect attempts to collude tacitly. We document that firms are less likely to communicate explicitly …
Persistent link: https://www.econbiz.de/10013418834
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Conspiracy against the public : an experiment on collusion
Johnsen, Åshild A.; Kvaløy, Ola - 2018
strengthened if there exist outsiders that gain from cooperative break down. We investigate this in a laboratory experiment …
Persistent link: https://www.econbiz.de/10011925886
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Collusive tax evasion and social norms
Abraham, Martin; Lorek, Kerstin; Richter, Friedemann; … - 2015
the model's predictions in a laboratory experiment. Because collusive tax evasion involves social interaction, this paper …
Persistent link: https://www.econbiz.de/10010473531
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An experimental analysis of the complications in colluding when firms are asymmetric
Mason, Charles F. - 2018
example by rationing outputs in a manner linked to firm size differences, have generally struggled. Any successful cartel has …
Persistent link: https://www.econbiz.de/10011847549
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An experimental analysis of ending rules in Internet auctions
Ariely, Dan; Ockenfels, Axel; Roth, Alvin E. - 2003
close until ten minutes have passed without a bid. This paper reports an experiment that allows us to examine the effect of …
Persistent link: https://www.econbiz.de/10011508080
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The chopstick auction : a study of the exposure problem in multi-unit auctions
Englmaier, Florian; Guillén, Pablo; Llorente, Loreto; … - 2006
Persistent link: https://www.econbiz.de/10003364825
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Optimal and fair prizing in sequential round-robin tournaments : experimental evidence
Lauber, Arne; March, Christoph; Sahm, Marco - 2022
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013167956
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Bearing the burden : implications of tax reporting institutions and image concerns on evasion and incidence
Kotakorpi, Kaisa; Nurminen, Tuomas; Miettinen, Topi; … - 2022
We investigate effects of tax reporting institutions on evasion and incidence using an experimental double auction market setting. We find that 28% of the sellers are truthful when only sellers report, but that 88% and 64% of them are truthful under costless and costly third-party reporting by...
Persistent link: https://www.econbiz.de/10013255892