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Published in 2019 at "Journal of Mathematical Economics"
DOI: 10.1016/j.jmateco.2019.10.001
Abstract: Abstract Collusion here takes the form of a side transfer between two bidders proposed by a mediator, before a first-price auction with independent private values. I find a necessary and sufficient condition, in terms of…
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Keywords:
collusion without;
bidding collusion;
passive updating;
without passive ... See more keywords