largest rms bidding in provincial road paving procurement auctions in Quebec between 2007 and 2015. I use the police … investigation into collusion and corruption in the Quebec construction industry launched in October 2009 to capture the end of this …

A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In … contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this …, whose asphalt industry has not been the subject of collusion allegations. Our findings provide causal evidence that the …

Winners in online auctions frequently fail to complete purchases. Major auction platforms therefore allow "second …

In auctions bidders are usually assumed to have rational expectations with regards to their winning probability … auctions, I show that by decreasing the time between bids and revelation of results, the auctioneer can induce bidders to …

underperforms in terms of efficiency relative to the winner-pay auctions. …

, however, ignores dynamic effects. We show that an MQS can hinder collusion, resulting in dynamic welfare gains that reduce and …

This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to …