Che, Yeon-Koo (contributor); Kim, Jinwoo (contributor) - 2006
involves nontrivial exclusion of collusive bidders
— i.e., the object is not sold to any collusive bidder with positive prob … competition. Not surprisingly, auctions have provided the
volume and prominence to the study of collusion, with evidence of … (Baldwin et al. (1997)), to school milk delivery (Pesendorfer (2000), and Porter
and Zona (1999)).
Thanks to the resurgence of …