Hu, Audrey; Offerman, Theo; Onderstal, Sander - In: International Journal of Industrial Organization 29 (2011) 1, pp. 84-96
The danger of collusion presents a serious challenge for auctioneers. In this paper, we compare the collusive properties of two standard auctions, the English auction and the first-price sealed-bid auction, and a lesser-known format, the Amsterdam (second-price) auction. In the Amsterdam...