Should We Collude? Analyzing the Benefits of Bidder Cooperation in Group-Buying Auctions
Cooperation among bidders in traditional auctions is typically forbidden. This is because it is viewed as being harmful to the interests of sellers, who hope to obtain fair prices for their sale items. It also may be harmful to other bidders who are not able to take advantage of any cooperation that...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2009
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/2124 http://dx.doi.org/10.1016/j.elerap.2008.11.010 |
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| Institution: | Singapore Management University |
| Language: | English |