Publication: Estimating damages from bidding rings in first-price auctions
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13 p.
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Abstract
Bidding rings typically coordinate to rig auctions and keep prices low. Despite bid rigging being pervasive,measuring its damages (i.e., the revenue loss suffered by the auctioneer) is a challenge for...
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Citation
M. Florencia Gabrielli, Manuel Willington, Estimating damages from bidding rings in first-price auctions, Economic Modelling, Volume 126, 2023, 106404, ISSN 0264-9993, https://doi.org/10.1016/j.econmod.2023.106404.
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