Blar i BI Open på forfatter "Lu, Jingfeng"
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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. ...