A network approach to cartel detection in public auction markets

@article{Wachs2019ANA,
  title={A network approach to cartel detection in public auction markets},
  author={Johannes Wachs and J. Kert{\'e}sz},
  journal={Scientific Reports},
  year={2019},
  volume={9}
}
  • Johannes Wachs, J. Kertész
  • Published 2019
  • Business, Medicine, Mathematics, Physics, Computer Science, Economics
  • Scientific Reports
  • Competing firms can increase profits by setting prices collectively, imposing significant costs on consumers. Such groups of firms are known as cartels and because this behavior is illegal, their operations are secretive and difficult to detect. Cartels feel a significant internal obstacle: members feel short-run incentives to cheat. Here we present a network-based framework to detect potential cartels in bidding markets based on the idea that the chance a group of firms can overcome this… CONTINUE READING

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