Collusion in Group-buying Auction

Jian CHEN;Xi Long CHEN;Xi Ping SONG

Systems Engineering - Theory & Practice ›› 2002, Vol. 22 ›› Issue (10) : 94-104.

PDF(380 KB)
PDF(380 KB)
Systems Engineering - Theory & Practice ›› 2002, Vol. 22 ›› Issue (10) : 94-104. DOI: 10.12011/1000-6788(2002)10-94
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Collusion in Group-buying Auction

  • Jian CHEN,Xi Long CHEN,Xi Ping SONG
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Abstract

Bidders coordinate their behavior to increase their surplus by eliminating competition among each other,which is called collusion. In general, auctioneers will try to forbid the collusion because collusion may decrease the benefit of the auctioneers. But, auctioneers in a new style of online auction, group-buying auction, should encourage the bidders to collude because the collusion will also potentially increase the auctioneers' benefit.

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collusion / auction / group-buying auction

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Jian CHEN , Xi Long CHEN , Xi Ping SONG. Collusion in Group-buying Auction. Systems Engineering - Theory & Practice, 2002, 22(10): 94-104 https://doi.org/10.12011/1000-6788(2002)10-94
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