Through Trial and Error to Collusion*
نویسندگان
چکیده
منابع مشابه
Collusion through communication in auctions
We study the extent to which communication can serve as a collusion device in one-shot firstand second-price sealed-bid auctions. Theoretically, second-price auctions are more fragile to collusion through communication than first-price auctions. In an array of laboratory experiments we vary the amount of interactions (communication and/or transfers without commitment) available to bidders. We f...
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متن کاملONLINE APPENDIX Collusion through Communication in Auctions
In this Online Appendix, we conduct additional analysis of the data and robustness checks as well as provide some theoretical analysis. We proceed as follows. At the end of Section 1, we describe the type of statistical analysis we perform to compare treatments and behaviors in different parts of the experiment. This section also contains definitions we use in the Online Appendix. In Section 2,...
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ژورنال
عنوان ژورنال: International Economic Review
سال: 2004
ISSN: 0020-6598,1468-2354
DOI: 10.1111/j.1468-2354.2004.00122.x