Publications [#325230] of Atila Abdulkadiroglu

Journal Articles

1. Abdulkadiroglu, A; Chung, K-S, Mechanism design with tacit collusion (2002)
   (last updated on 2024/04/23)

   Abstract:
   In the mechanism design literature, collusion is often modelled as agents signing side contracts. This modelling approach is in turn implicitly justified by some unspecified repeated-interaction story. In this paper, we first second-guess what kind of repeated-interaction story these side-contract theorists (would admit that they) are having in mind. We then show that, within this repeated-interaction story, there is a big difference between communicative and tacit collusion. While communicative collusion hurts the mechanism designer, tacit collusion is exploitable.