Showing 171 - 180 of 33,973
We study entry and bidding in procurement auctions where contracts are awarded to the bid closest to a trimmed average bid. These auctions, common in public procurement, create incentives to coordinate bids to manipulate the bid distribution. We present statistical tests to detect coordinated...
Persistent link: https://www.econbiz.de/10012860661
Collusion likely has adverse effects on social welfare. In this paper, we study collusion in the e-procurement market … collusion detection algorithm on a sample of 863 prosecuted collusive firms that participated in 23,515 tenders …
Persistent link: https://www.econbiz.de/10013222740
A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In … contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this …, whose asphalt industry has not been the subject of collusion allegations. Our findings provide causal evidence that the …
Persistent link: https://www.econbiz.de/10012384187
We study the impact of an investigation into collusion and corruption to learn about the organization of cartels in … investigation in Montreal and in Quebec City, where there have been no allegations of collusion or corruption. We find that entry …
Persistent link: https://www.econbiz.de/10011809425
investigation into collusion and corruption in the Quebec construction industry launched in October 2009 to capture the end of this …
Persistent link: https://www.econbiz.de/10012129347
theoretical literature, increases the risk of collusion in the presence of corruption. Such problems are more likely to arise in …
Persistent link: https://www.econbiz.de/10005146501
This study explores stability in efficient collusion in government procurement auctions. In first- and second …-price auctions with independent private values, we look at the possibility of vetoing collusion mechanisms and the learning of the …
Persistent link: https://www.econbiz.de/10014211854
We examine auction data to determine if bid rigging presents in procurement auctions for paving works in Ibaraki City, Osaka, Japan. We first show that sporadic bidding wars are caused by the participation ofpotential outsiders. Assuming that the ring is all-inclusive if the auction is not the...
Persistent link: https://www.econbiz.de/10014217151
’ perspective, public procurement needs to take place in an environment free from collusion between tenderers, or bid rigging …
Persistent link: https://www.econbiz.de/10014160344
This paper documents evidence of widespread collusion among construction firms using a novel dataset covering most of … for auctions when all (initial) bids fail to meet the reserve price, we identify collusion using ideas similar to …
Persistent link: https://www.econbiz.de/10014143891