Bidding in the last seconds or minutes of an auction is a common strategy in Internet auctions with fixed end …

efficiency of both the Generalized Second Price auction (GSP, used by Google and Microsoft-Bing and Yahoo!) and the VCG mechanism … auction both in terms of revenues and efficiency …

so-called Swedish asphalt cartel, which was discovered in 2001. As our dataset covers the period 1995-2009, we are able … to test for conditional independence between complementary cartel bids before and after the detection. Our estimates show … a significant positive correlation between complementary cartel bids during the cartel period, whereas a non …

This article presents the first experiment exploring the impact of debarments - the exclusion of colluding bidders - on …

. This paper examines the Romanian auction system, with a focus on the use of econometric methods to detect collusion. It … begins by describing the historical development of the system and the principal steps in the auction process. It then … methods for detecting collusion. It then presents an application of such methods to timber auction data from two forest …