bidding rings

John Asker

from Palgrave Macmillan

Abstract: A bidding ring is a collection of bidders who collude in an auction in order to gain greater surplus by depressing competition. This entry describes some typical bidding rings and provides an introduction to the related theoretical and empirical literature.

Keywords: Cartel; antitrust; bidding ring; bid rigging; Sherman Act; auctions; price fixing; bid rotation; collusion (search for similar items in EconPapers)
JEL-codes: D44 K21 L12 L41 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.dictionaryofeconomics.com/article?id=pde2010_B000345 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:dofeco:v:4:year:2010:doi:3822

Ordering information: This item can be ordered from
http://www.dictionar ... lp/faq#_Toc198623697

Access Statistics for this chapter

More chapters in The New Palgrave Dictionary of Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sheeja Sanoj ( this e-mail address is bad, please contact ).