ability to monitor quality. Although the possibility of collusion against the principal is eliminated under decentralized …

ability to monitor quality. Although the possibility of collusion against the principal is eliminated under decentralized …

ability to monitor quality. Although the possibility of collusion against the principal is eliminated under decentralized …

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 …

problem is to certify the private signal and make it public. When collusion between the certifier and the agent is an issue … if this certification raises the specter of collusion. …

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 …

favoritism increases the gains from collusion and contributes to solving basic implementation problems for a cartel of bidders … favoritism greatly simplifies matters for the cartel. We thus find that favoritism generally facilitates collusion at a high cost …