This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … which the monopoly outcome with equal sharing is sustainable in the uniform price auction, but not in the corresponding … discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case …

reduce or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one …-shot competitive interactions, like Bertrand oligopolies and first-price auctions, where no collusion would be supportable otherwise …

Consider a market where producers submit supply functions to a procurement auction - e.g. an electric power auction …

-good/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and …

more importantly we characterize novel mixtures over partly increasing supply functions. -- Pay-as-bid auction ; divisible … good auction ; mixed strategy equilibria ; wholesale electricity markets …

/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and …