Tuesday, January 22, 2013
Posted by D. Daniel Sokol
Kai Huschelrath (ZEW) provides Economic Approaches to Fight Bid Rigging.
ABSTRACT: Under competition law, bid riggig refers to a form of price fixing in tender procedures It can be detected with quantitative techniques identifying suspicious behavioral patterns. Detection of bid rigging can profit from the identification of various suspicious behavioral patterns supported by an application of quantitative techniques.