Collusion without Conspiracy: An Experimental Study of One-Sided Auctions
The study addresses the issue of sustainability of collusion in one-sided auctions. Earlier experimental studies indicate that, in double oral auctions, collusion is hard to sustain even if conspiracy is allowed and quotation improvement rules are absent. We investigate the role of similar institutional features in one-sided auctions.
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|Date of creation:||1998|
|Contact details of provider:|| Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia|
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Web page: http://fbe.unimelb.edu.au/economics
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