Bidding Rings.

S-Tier
Journal: American Economic Review
Year: 1992
Volume: 82
Issue: 3
Pages: 579-99

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The authors characterize coordinated bidding strategies in two cases: a weak cartel, in which the bidders cannot make side-payments; and a strong cartel, in which the cartel members can exclude new entrants and can make transfer payments. The weak cartel can do no better than have its members submit identical bids. The strong cartel in effect reauctions the good among the cartel members. Copyright 1992 by American Economic Association.

Technical Details

RePEc Handle
repec:aea:aecrev:v:82:y:1992:i:3:p:579-99
Journal Field
General
Author Count
2
Added to Database
2026-01-26