by Angelo Artale : Rings in Auctions: An Experimental Approach (Lecture Notes in Economics and Mathematical Systems)

ISBN : #3540619305 | Date : 1997-03-11

Description :

PDF-e38ec | In auctions, bidders compete with one another in their attempt to 1 purchase the goods that are up for sale • But buyer competition may be reduced or disappear when a ring of colluding bidders is present. The purpose of the participants to a ring is to eliminate buyer competition and to realize a gain over vendors. When all participants are members of the ring, this is done by purchasing the ite… Rings in Auctions: An Experimental Approach (Lecture Notes in Economics and Mathematical Systems)

Rings in Auctions: An Experimental Approach (Lecture Notes in Economics and Mathematical Systems) by by Angelo Artale

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