claim that market competition andbidding in an auction should be analyzed as part of one game, where the pricingstrategies …

To enhance our understanding of collusion in procurement settings, this paper quantitatively evaluates how the buyer … select its reserve price strategically, then collusion may be sustainable for a wide range of plausible discount factors … collusion is sustainable. These findings support existing arguments that buyers are vulnerable to collusion, but they also …

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …