Bidding collusion without passive updating
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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… read more here.
Keywords: collusion without; bidding collusion; passive updating; without passive ... See more keywords