Showing 1 - 10 of 2,570
-shot competitive interactions, like Bertrand oligopolies and first-price auctions, where no collusion would be supportable otherwise … reduce or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one …
Persistent link: https://www.econbiz.de/10011608616
We use data on sequential water auctions to estimate demand when units are complements or substitutes. A sequential …
Persistent link: https://www.econbiz.de/10010233151
We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … suppliers alleviates free-riding in reporting. However, it also facilitates collusion in bidding by increasing the value of the … collusive rent. In turn, bidding collusion facilitates cooperation in reporting by increasing the value of having honest …
Persistent link: https://www.econbiz.de/10012697250
-shot competitive interactions, like Bertrand oligopolies and first-price auctions, where no collusion would be supportable otherwise … or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one …
Persistent link: https://www.econbiz.de/10014151044
This paper analyzes the effects of industrial concentration on bidding behaviour and hence, on the seller´s expected proceeds. These effects are studied under the CIPI model, an affiliated value set-up that nests a variety of valuation and information environments. We formally decompose the...
Persistent link: https://www.econbiz.de/10005111022
We use data on sequential water auctions to estimate demand when units are complements or substitutes. A sequential …
Persistent link: https://www.econbiz.de/10010332115
This paper proposes a procedure to detect collusion in asymmetric first-price procurement. The main objective is … twofold. First, to provide a methodology to detect collusion using a structural approach, and second to apply the methodology … to field data on procurement auctions for highway construction in California. I identify two different sets of firms as …
Persistent link: https://www.econbiz.de/10010742043
We use data on sequential water auctions to estimate demand when units are com- plements or substitutes. A sequential …
Persistent link: https://www.econbiz.de/10011114563
Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to understand the functioning of illegal cartels in detail. This paper contributes to the question of what we can learn from legal cartels by taking a closer look at the cement...
Persistent link: https://www.econbiz.de/10011334610
, collusion. …
Persistent link: https://www.econbiz.de/10011346282