Collusion in repeated procurement auction: A study of a paving market in Japan

Arbeitspapier

We examine auction data to determine if bid rigging presents in procurement auctions for paving works in Ibaraki City, Osaka, Japan. We first show that sporadic bidding wars are caused by the participation of potential 'outsiders.' Assuming that the ring is all-inclusive if the auction is not the bidding war, we estimate the scheme by which the ring allocates a win to its members. It is found that the ring tends to select a bidder whose winless period is long and whose winning amount in the past is small relative to other bidders.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ISER Discussion Paper ; No. 710

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Auctions ; National Government Expenditures and Related Policies: Procurement ; Antitrust Policy and Public Enterprises, Nonprofit Institutions, and Professional Organizations
• Thema: bid rigging ; repeated auction

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ishii, Rieko
• Ereignis: Veröffentlichung
• (wer): Osaka University, Institute of Social and Economic Research (ISER)
• (wo): Osaka
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/92759
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ