a set of colluding bidders. ring participants
A set of colluding bidders. Ring participants agree to rig bids by agreeing not to bid against each other, either by avoiding the auction or by placing phony (phantom) bids.
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a practice analogous to price fixing in which auction members form a ring whose associates agree not to bid against each other either by
an auction associates who submits offers or bids to sale or buy the goods being
a multiunit auction mechanism for assigning heterogeneous different objects. the highest bidder in the first round selects one item among those
a bidding increment is defined by the auctioneer as the least amount above the previous bid that a new bid must be in order to be adequate to the
a set of colluding bidders. ring participants agree to rig bids by agreeing not to bid against each other either by avoiding the auction or by
another term for a preserved bid auction in which bidders simultaneously submit bids to the auctioneer with no knowledge of the amount bid by
game theory has evolved since its start as a thought exercise for academic mathematicians. taught in economics departments top business schools
a form of a japanese auction which is a form of an english auction in which bidders hold down a button as the auctioneer frequently increases the
cardinal payoffs are numbers representing the outcomes of a game where the numbers represent some continuum of values such as money market share
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