English, Article, Journal or magazine article edition: Controlling collusion in auctions: The Role of ceilings and reserve prices Prabal Roy Chowdhury

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Bookmark: http://trove.nla.gov.au/version/4987
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Controlling collusion in auctions: The Role of ceilings and reserve prices
Author
  • Prabal Roy Chowdhury
Physical Description
  • preprint
Notes
  • We examine a simple model of collusion under a single-object secondprice auction. Under the appropriate parameter conditions, in particular as long as collusion is neither too easy, nor too difficult, we find that the optimal policy involves both an effective ceiling, as well as a reserve price set at the lowest bidder valuation.
  • Auctions, ceilings, collusion, reserve prices
  • RePEc:ind:isipdp:07-02
Language
  • English
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