Mogiliansky, Ariane Lambert; Kosenok, Grigory - Center for Economic and Financial Research (CEFIR), New … - 2006
criteria. A first result is that, in a one-shot context, favoritism turns the asymmetric information (private cost) procurement … favoritism increases the gains from collusion and contributes to solving basic implementation problems for a cartel of bidders … government’s preferences), favoritism only partially shades the cartel from the environment. Nevertheless, even in this case …