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