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A bidding ring is a collection of bidders who collude in an auction in order to gain greater surplus by depressing competition. This entry describes some typical bidding rings and provides an introduction to the related theoretical and empirical literature.
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theory of auctions shows that it is unlikely that successful buyers as a group were injured. …
Persistent link: https://www.econbiz.de/10005548018
theory of auctions shows that it is unlikely that successful buyers as a group were injured. …
Persistent link: https://www.econbiz.de/10011149915
, collusion. …
Persistent link: https://www.econbiz.de/10011346282
less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
Persistent link: https://www.econbiz.de/10012938866
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy for anticompetitive purposes remains an open question in the literature. To address this gap, we construct a novel dataset that matches cartel investigations with trade data at...
Persistent link: https://www.econbiz.de/10012373130
policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate …
Persistent link: https://www.econbiz.de/10013362394
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
Persistent link: https://www.econbiz.de/10013412429