Chatterjee, Kalyan; Mitra, Manipushpak; Mukherjee, Conan - Nationalekonomiska Institutionen, Ekonomihögskolan - 2015
We address the issue of bidder ring formation in single and multi-unit Vickrey auctions. We address this issue in a bargaining game set up under the assumption that valuation of bidders is commonly known only amongst themselves. In the single unit case, we show that the equilibrium coalition...
