Maximal loss from collusion in IPV symmetric auctions

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 2
Pages: 345-348

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

We derive a bound on the seller's revenue loss in optimal auctions from unanticipated bidder collusion. The relative loss is rather small when there are few bidders. It is increasing with the number of bidders but at a slow rate.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:2:p:345-348
Journal Field
General
Author Count
1
Added to Database
2026-01-28