Abstract
We clarify the sufficient condition for a trivial equilibrium to exist in the model of Rachmilevitch (2013).
Original language | English |
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Pages (from-to) | 616-618 |
Number of pages | 3 |
Journal | Games and Economic Behavior |
Volume | 87 |
DOIs |
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State | Published - 2014 |
Bibliographical note
Publisher Copyright:© 2013 Elsevier Inc. All rights reserved.
Keywords
- Bribes
- Collusion
- First-price auctions
ASJC Scopus subject areas
- Finance
- Economics and Econometrics