Auction cartels and the absence of efficient communication
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DOI: 10.1016/j.ijindorg.2017.03.002
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- Brown, David P. & Eckert, Andrew, 2019. "Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?," Working Papers 2019-9, University of Alberta, Department of Economics.
- Troyan, Peter, 2017. "Collusion and signaling in auctions with interdependent values," Journal of Economic Theory, Elsevier, vol. 170(C), pages 319-345.
- Noussair, Charles N. & Seres, Gyula, 2020. "The effect of collusion on efficiency in experimental auctions," Games and Economic Behavior, Elsevier, vol. 119(C), pages 267-287.
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More about this item
Keywords
Auction; Bidding ring; Cartel; Information asymmetry;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
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