Blar i BI Open på forfatter "Lu, Zongwei"
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Bayes-Nash Equilibria in Generalized Second Price Auctions with Allocative Externalities
Lu, Zongwei; Riis, Christian (CREAM Publications;1/2016, Working paper, 2016)In this paper, we investigate an incomplete information model of generalized second price auctions with allocative externalities originating from the heterogeneous match rates of bidders. A novel feature of our model is ... -
Perfect bidder collusion through bribe and request
Lu, Jingfeng; Lu, Zongwei; Riis, Christian (Journal article; Peer reviewed, 2021)We study collusion in a second-price auction with two bidders in a dynamic environment. One bidder can make a take-it-or-leave-it collusion proposal, which consists of both an offer and a request of bribes, to the opponent. ...