Che, Yeon-Koo (contributor); Kim, Jinwoo (contributor) - 2007
collusive, or
there are multiple bidding cartels, or the second-best outcome involves
a nontrivial probability of the object not …
bidder with positive probability.
Keywords: Collusion on participation, subgroup collusion, multiple
bidding cartels, an … a defector more severely than bidding
competitively. At the same time, the weak notion restricts the bidders’ out …