Dynamic Collusion and Collusion Games in Knaster’s Procedure
In this paper we study the collusion in Knaster’s procedure, starting from the paper of Fragnelli and Marina (2009). First, we introduce a suitable dynamic mechanism, so that the coalition enlargement is always non-disadvantageous. Then, we define a new class of TU-games in order to evaluate the collusion power of the agents.
Volume (Year): 6 (2012)
Issue (Month): 3 (October)
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- Vito Fragnelli & Maria Erminia Marina, 2009. "Strategic Manipulations and Collusions in Knaster Procedure," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 3(2), pages 143-153, July.
- Svensson, Lars-Gunnar, 2006.
"Coalition Strategy-Proofness and Fairness,"
2006:10, Lund University, Department of Economics.
- Graham, Daniel A & Marshall, Robert C, 1987. "Collusive Bidder Behavior at Single-Object Second-Price and English Auctions," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1217-39, December.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Lars-Gunnar Svensson, 1999. "Strategy-proof allocation of indivisible goods," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 16(4), pages 557-567.
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