This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric …-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … set bids that are arbitrary finite step functions of price-quantity pairs, in repeated uniform price auctions maximal …

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price …

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

This paper contributes to the study of tacit collusion by analyzing infinitely reaped multiunit uniform price auctions … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …

This paper examines the feasibility of collusion in capacity constrained duopoly supergames. In each period firms … yielding (constrained) Pareto optimal payoffs. That is, price shading may not only be consistent with successful collusion, it … may be a requirement of successful collusion. …

class of games, and show how it can be used to directly solve for equilibrium behavior in auctions, pricing games …

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …