Skip navigation
Skip navigation

Testing for collusion in asymmetric first-price auctions

Aryal, Gaurab; Gabrielli, Maria

Description

This paper proposes a two step procedure to detect collusion in asymmetric first-price procurement (auctions). First, we use a reduced form test to short-list bidders whose bidding behavior is at-odds with competitive bidding. Second, we estimate the (latent) cost for these bidders under both competition and collusion setups. Since for the same bid the recovered cost must be smaller under collusion - as collusion increases the mark-up - than under competition, detecting collusion boils down to...[Show more]

CollectionsANU Research Publications
Date published: 2013
Type: Journal article
URI: http://hdl.handle.net/1885/34732
Source: International Journal of Industrial Organization
DOI: 10.1016/j.ijindorg.2012.10.002

Download

File Description SizeFormat Image
01_Aryal_Testing_for_collusion_in_2013.pdf392.91 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator