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Maximal loss from collusion in IPV symmetric auctions

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  • Pavlov, Gregory

Abstract

We derive a bound on the seller's revenue loss in optimal auctions from unanticipated bidder collusion. The relative loss is rather small when there are few bidders. It is increasing with the number of bidders but at a slow rate.

Suggested Citation

  • Pavlov, Gregory, 2008. "Maximal loss from collusion in IPV symmetric auctions," Economics Letters, Elsevier, vol. 99(2), pages 345-348, May.
    • Handle: RePEc:eee:ecolet:v:99:y:2008:i:2:p:345-348
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    More about this item

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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