We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while …

price auction. There are at least three potential bidders in the market which differ in their willingness to pay for the … auction and obtains the license. In stage 2, it purchases inputs required for producing the particular service which is then …

efficiency of both the Generalized Second Price auction (GSP, used by Google and Microsoft-Bing and Yahoo!) and the VCG mechanism … (used by Facebook). We find that, despite its well-known susceptibility to collusion, the VCG mechanism outperforms the GSP … auction both in terms of revenues and efficiency …

. This paper examines the Romanian auction system, with a focus on the use of econometric methods to detect collusion. It … methods for detecting collusion. It then presents an application of such methods to timber auction data from two forest … collusion and minimize its impact on auction outcomes. …