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- W85963251 abstract "The choice of strategies by bidders who are allowed to communicate in auctions is studied. Using the tools of mechanism design, the possible outcomes of communication between bidders participating in a series of simultaneous first-price auctions are investigated. A variety of mechanisms are incentive compatible when side payments are not allowed. When attention is restricted to mechanisms that rely only on bidders’ ordinal ranking of markets, incentive compatibility is characterized and the ranking mechanism of Pesendorfer (1996) is interim incentive efficient." @default.
- W85963251 created "2016-06-24" @default.
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- W85963251 date "2002-01-01" @default.
- W85963251 modified "2023-09-27" @default.
- W85963251 title "A Theory of Collusion in Multiple Object Simultaneous Auctions" @default.
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