Arai, Koki; Ishibashi, Ikuo; Ishii-Ishibashi, Rieko - In: Japan and the World Economy 23 (2011) 1, pp. 1-5
This paper examines detected bid rigging mechanisms based on the decisions of the Japan Fair Trade Commission (JFTC) from April 1996 to December 2005. We first develop some indicators that represent important characteristics of the ring mechanism from a theoretical and empirical point of view....