Interim bribery in auctions

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 2
Pages: 238-241

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

Bidders can bribe the auctioneer before they bid, with the auctioneer lowering the winner's bid if the winner paid the bribe. In equilibrium bidders employ a cutoff strategy and corruption affects neither efficiency nor the bidders' expected payoffs.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:2:p:238-241
Journal Field
General
Author Count
2
Added to Database
2026-01-26