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Carrot or stick? A study on “bid-rigging norms” by simulation: inducing factors and deterring measures

This study aims to analyze the structure of the emergence and maintenance of the cartel mechanism as an informal organization and the measures to deter bid-rigging. We propose an agent-based bid-rigging norms model and validate it with a mathematical model. We clarify that the auction system primari...

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Bibliografische gegevens
Hoofdauteurs: Hideyuki Morofuji, Setsuya Kurahashi
Formaat: Artigo
Taal:Inglês
Gepubliceerd in: Frontiers Media S.A. 2023-08-01
Reeks:Frontiers in Applied Mathematics and Statistics
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Online toegang:https://www.frontiersin.org/articles/10.3389/fams.2023.1045108/full
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