WHAT IS THE EFFECT OF BID-RIGGING ON PRICES

Authors
FROEB LM KOYAK RA WERDEN GJ
Citation
Lm. Froeb et al., WHAT IS THE EFFECT OF BID-RIGGING ON PRICES, Economics letters, 42(4), 1993, pp. 419-423
Citations number
15
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
42
Issue
4
Year of publication
1993
Pages
419 - 423
Database
ISI
SICI code
0165-1765(1993)42:4<419:WITEOB>2.0.ZU;2-A
Abstract
This paper develops and applies a method for estimating the price effe cts of bid rigging and price fixing conspiracies. A fairly typical bid -rigging scheme is found to have raised prices by over 20% for over 4 years.