The Mechanics of Collusion
نویسنده
چکیده
The practice of collusion is illegal. Most capitalist countries have laws safeguarding competition. In the USA, anti-trust legislation prohibits monopolization, restraints of trade, and collusion among firms. The base of this legislation was laid 120 years ago with the Sherman Antitrust Act (1890), the Clayton Antitrust Act, and the Federal Trade Commission Act (both 1914). The fundamental idea behind this legislation is that free competition serves the general welfare best by limiting the power of any one party when determining price and quantity through the interaction of supply and demand (Samuelson / Nordhaus 1989). The idea is to protect the weaker market side (the buyer in general or the client in construction) and therefore to enable a competitive market to develop that is sustainable.
منابع مشابه
How to Eliminate Collusion in Tenders and Auctions, using Game Theory (Determination of Ceiling and Floor Prices)
Governments and firms in accordance to their duties, obliged to inevitably contracts with Individuals and legal entities, especially in auction and tender process. Since, the law of conducting tenders and auctions is lacking efficiency and has major objection, therefore, this has led to the dissemination and development of areas of corruption in these contracts (through collusion). In this pape...
متن کاملA collusion mitigation scheme for reputation systems
Reputation management systems are in wide-spread use to regulate collaborations in cooperative systems. Collusion is one of the most destructive malicious behaviors in which colluders seek to affect a reputation management system in an unfair manner. Many reputation systems are vulnerable to collusion, and some model-specific mitigation methods are proposed to combat collusion. Detection of col...
متن کاملCollusion constrained equilibrium
We study collusion within groups in noncooperative games. The primitives are the preferences of the players, their assignment to nonoverlapping groups, and the goals of the groups. Our notion of collusion is that a group coordinates the play of its members among different incentive compatible plans to best achieve its goals. Unfortunately, equilibria that meet this requirement need not exist. W...
متن کاملA collusion attack on the fuzzy vault scheme
The Fuzzy Vault scheme is an encryption scheme, which can tolerate errors in the keys. This leads to the possibility of enhancing the security in environments where these errors can be common, such as biometrics storage systems. Although several researchers have provided implementations, we find that the scheme is vulnerable to attacks when not properly used. This paper describes an attack on t...
متن کاملمدیریت دولت بر رفتار مأموران و مؤدیان مالیاتی در شرایط انحراف در اظهارنامهها
In this paper we are going to investigate the collusion between tax payers and tax auditor (inspector) in order to take evasive action in taxpaying, in a simple game theatrical model. In this model from the government (or tax administration) view point, there are kinds of tow auditors: honest and dishonest and There is the probability that the taxpayer may collude with dishonest auditors, and...
متن کامل