Dechenaux, Emmanuel; Kovenock, Dan - Krannert School of Management, Purdue University - 2005
This paper contributes to the study of tacit collusion by analyzing infinitely reaped multiunit uniform price auctions … which the monopoly outcome with equal sharing is sustainable in the uniform price auction, but not in the corresponding … discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case …