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organized in a ”well-coordinated” cartel. After discussing the way the cartel reacts to any auction mechanism, we show that if … the cartel pay to get an efficient allocation or randomly allocating the item. We then discuss the way to implement this …
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difference in a cartel experiment. Given a low probability of detection through an authority, we find that excluding ringleaders …Cartel ringleaders make significant contributions to enabling illegal collusive agreements to function. According to US … for a reduction of fines. To date, both antitrust laws treat cartel ringleaders differently. We analyze the impact of this …
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