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Persistent link: https://www.econbiz.de/10010557786
Collusion is a serious problem in many procurement auctions. In this research, I study a model of first price sealed bid procurement auctions with asymmetric bidders. I demonstrate that the equilibrium to the model is unique and describe three algorithms that can be used to compute the inverse...
Persistent link: https://www.econbiz.de/10005753262