Arbeitspapier
Precluding collusion in the Vickrey auction
This paper studies collusion in one-shot auctions, where a buyer can bribe his competitors into lowering their bids. We modify the single-unit Vickrey auction to incite deviations from the designated-winner scenario and thus undermine collusion. The construction of mechanism does not require the knowledge of colluders´ identities or distributions of valuations, in which sense it is entirely detail-free.
- Sprache
-
Englisch
- Erschienen in
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Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2014/10
- Klassifikation
-
Wirtschaft
Asymmetric and Private Information; Mechanism Design
Noncooperative Games
Auctions
- Thema
-
Bidder collusion
detail-free auctions
Vickrey auction
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gorelkina, Olga
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute for Research on Collective Goods
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gorelkina, Olga
- Max Planck Institute for Research on Collective Goods
Entstanden
- 2014
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