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Collusion without Conspiracy: An Experimental Study of One-Sided Auctions

Katerina Sherstyuk

No 610, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: 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.

Keywords: AUCTIONS; GAMES (search for similar items in EconPapers)
JEL-codes: C92 D44 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1998
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Journal Article: Collusion Without Conspiracy: An Experimental Study of One-Sided Auctions (1999) Downloads
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