Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5078662 | International Journal of Industrial Organization | 2008 | 16 Pages |
Abstract
We compare efficiency and susceptibility to collusion of two alternative ways to sell multiple objects in independent private values environments: simultaneous and sequential ascending auctions. Both auctions are common in the real world. With explicit communication among bidders, collusion was more frequent in sequential than in simultaneous auctions. We further analyze collusive schemes adopted by bidders.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Katerina Sherstyuk, Jeremy Dulatre,