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paper, we present evidence from an actual procurement cartel uncovered during an anticollusion investigation that reconciles … these two points of view and shows that both patterns arise naturally together as part of a cartel arrangement featuring …
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This paper examines the impact of synergies on bidder behavior in recurring road construction procurement auctions. The study reveals that projects are spatially correlated. When bidders with potential synergies participate, the results indicate that their probability of bidding and winning...
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This paper uses auction theory to explain the unique design of the 1998-2013 posting system agreed to between Major … highest net surplus from the player win the auction. Changes to the revenue sharing system used in Major League Baseball …
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